New Delhi: Maruti Suzuki, India’s largest car seller has reported zero sales in the Month of April due to lockdown restrictions and closure of its manufacturing facility.
“Following resumption of port operations, the first export shipment of 632 units was undertaken from the Mundra port, ensuring that all guidelines for safety were followed,” said the company in a regulatory filing.
In March, Maruti-Suzuki had reported 47.9% drop in domestic sales at 76,976 units in March as against 147,613 units in March 2019. The company’s exports had also dropped by 55% to 4712 units, as against 10,463 units in March 2019.
Amid the nation-wide lockdown, domestic auto sales in March 2020 fell by 45% YoY. The continuation of the lockdown throughout April 2020 is likely to result in almost no retail sales across all segments in the industry.