Maruti Suzuki - Car Sales Stats - October 2019

• Maruti Suzuki grows by 4.5% in the month of October 2019 with festive season kicking in during this period.

• Domestic sales witnessed a growth by 2.5% with sales figure reaching upto 1,41,550 units as compared to last year.

• This will help the Indian manufacturer preventing a huge blow due to the economic slowdown the industry is facing

The month of October 2019 has been very appealing in terms of sales keeping in mind the economic slow down the automotive industry is facing currently in the Indian market. The Indian car manufacturer managed to sell around 1,53,435 units and if we compare these sales figure with October 2018, they sold around 1,46,766. This year, the month of October saw many festivals such as Dussehra, Navratri and Diwali hence contributing to the increase in sales figures. 

The increase in sales volumes surely provides much support as Maruti Suzuki has faced a hard blow owing to the economic slow down in the automotive sector and also due to transition from BS IV to BS VI engine norms that they will be facing next year. With this, Maruti Suzuki managed a growth of 4.5 percent owing to increase in sales by 6669 units when compared with last years figures in the month of October. But in 2018, Diwali had fallen in the month of November and during that period Maruti Suzuki managed to sell 153,539 units overall, which is very similar to the sales figure of October 2019. 

Let us have a look at the figures which helped Maruti Suzuki grow last month:

• Domestic market saw a growth by 2.5 percent by selling 141,550 units. Last year the domestic sales saw a sales of 138,100.

• 2,727 units of the Baleno was sold to Toyota as sales to other OEM. Hence the domestic sales count rises to 144,277 for October 2019 thus getting the total growth 4.5%.

• The total growth of compact vehicles grew to 15.9%, whereas the utility vehicles grew by 11.3%.

• In total the new generation WagonR, Celerio, Swift, Ignis, Dzire and the Baleno saw a demand of 75,094 units.

• Whereas, Vitara Brezza, S-Cross, Ertiga, Gypsy(now discontinued)  and the newly launched XL6 saw a sales on 23,108 units all together.

• The sales figure of the Ciaz was disappointing this year as they only managed to sell 2371 units, whereas last year in the month of October they sold around 3893 units. Hence this mid size sedan faces a drop of 39.1%.

• Maruti Suzuki saw an increase in export with a growth of 5.7% as they exported 9158 units in October 2019. Same month last year around 2152 units where only exported.

The Indian manufacturer has already announced that they have reduced their target for 2020. This is owing to the transition from BS-IV to the BS-VI emission norms. Adding to this, the diesel engines will be discontinued from next year, and there still isn't any news about the launch of the latest iteration (BS-VI compilable).