Maruti March sales doubles, but overall annual sales slips 6.7%

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New Delhi : India’s largest car seller Maruti Suzuki India Limited has closed the 2020-21 financial year with a 6.7% declines in sales at 1,457,861 units as against 1,563,297 units in FY20. The decline in annual sales is due minimal sales in the initial months of the financial year. Total sales in the year include domestic sales of 1,323,396 units, sales to other OEMs of 38,326 units and exports of 96,139 units.

The company’s overall March 2021 sales almost doubled to 167,014 vehicles as against only 83792 vehicles in March 2020. The total sales in March include domestic sales (Passenger Vehicle and Light Commercial Vehicle) of 149,518 units, sales to other OEMs of 5,899 units and exports of 11,597 units.

MSIL domestic sales in FY19-20 had fallen by 18% due to reasons that are well known and in FY20-21 have been impacted due to COVID related factors. Domestic Sales in March 2020 had dropped about 48% due to COVID related disruptions. It will be seen that domestic sales in March 2021 have only recovered to March 2019 levels.

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