Maruti Suzuki has a slight growth in sales for May 2024.
Maruti Suzuki May 2024 sales figures has been released, showing a slight rise in domestic sales. The company sold 144,002 units in India, a marginal increase from 143,708 units sold in May 2023. This indicates a steady demand for Maruti Suzuki’s vehicles in the Indian market.
Maruti Suzuki May 2024 Sales Breakdown
- Domestic Sales: Increased to 144,002 units from 143,708 units in May 2023.
- Exports: Recorded at 22,032 units, a slight decline from 23,078 units in May 2023.
- Total Sales: Combined domestic and export sales amounted to 166,034 units.
Segment Performance
Maruti Suzuki’s performance across different segments shows varied results:
- Mini Segment: Includes models like Alto and S-Presso, which saw a decline from 17,448 units in May 2023 to 10,958 units in May 2024.
- Compact Segment: Models like Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR experienced a slight dip, from 71,419 units to 70,263 units.
- Mid-Size Segment: Represented solely by the Ciaz, saw a drop from 1,812 units to 907 units.
- Utility Vehicles (UV): This segment includes Brezza, Ertiga, Grand Vitara, S-Cross, XL6, and saw a significant rise from 36,505 units to 41,159 units.
- Vans: The Eeco model showed a decline from 10,482 units to 10,715 units.
Here is a table summarizing the sales figures:
The performance of utility vehicles stands out with a notable increase of 12.8%, reflecting the growing consumer preference for SUVs and larger vehicles.
Market Trends
The slight overall growth in Maruti Suzuki’s sales aligns with broader trends in the Indian automotive market, where utility vehicles are gaining popularity. The rise in UV sales helped offset declines in other segments.
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