Maruti Suzuki April sales up 6.5%, entry-level car sales witness sharp decline on production halt


By Tapan Moharana

New Delhi: Maruti Suzuki India Limited, India’s largest seller of passenger cars, on Monday reported 6.5 percent rise in its April sales at 160,529 units, as against 150,661 units in April 2022. Total sales in the month include domestic sales of 139,519 units, sales to other OEM of 4,039 units and exports of 16,971 units.

The shortage of electronic components had some impact on the production of vehicles. The Company took all possible measures to minimize the impact.

The company witnessed a sharp drop in Mini cars segment as sales down from 17,137 units in April 2022 to 14,110 units in April 2023. The drop was expected as the company has discontinued production of its entry level car Alto 800 and is currently selling only few units of remaining stock.

While, the compliance of BS-II phase-2 norms has become effective from April 2023, companies have found it financially unviable to make investment to upgrade the entry-level hatchbacks. Due to this, production of several entry level cars including Maruti Alto 800, Renault quid, Honda jaz, Mahindra KUV10, Hyundai i20 have been discontinued by their respective manufacturers.

Leave A Reply

Your email address will not be published.