Maruti Suzuki sales in July impacted; Ciaz, Alto, WagonR, Gypsy, Ertiga, S-Cross, Vitara Brezza sales disappoint
Maruti Suzuki sales were dented by negative record made in mini, mid-size and utility vehicles this month.
The largest passenger car maker Maruti Suzuki posted a negative performance in its July sales this year. However, the decline was gradual. Maruti sold a total of 164,369 units in July 2018 which was down by 0.60% compared to sales of 165,346 unit in the same month of previous year. This includes 154,150 units in domestic market and 10,219 units of exports. Interesting, domestic sales almost stayed muted, while exports dropped by 9.9% compared to sales of 11,345 unit a year ago same month.
Maruti’s sales were dented by negative record made in mini, mid-size and utility vehicles this month.
In mini segment which includes Alto, WagonR, the company sold 37,710 units in July 2018 down by 10.9% as against 42,310 unit in July 2017.
As for Mid-Size segment which involves CIAZ, the company sold just 48 unit compared to 6,377 unit sold in July 2018. This was the most weak performance made by CIAZ cars as it has now dropped by 99.2%.
Further in utility vehicles, Maruti’s sale were 24,505 units down by 4.9% compared to 25,781 unit a year ago same month.
It was only compact vehicles which includes Swift, Celerio, Ignis, Baleno, Dzire and Tour S that record positive growth of 17.8% with sales of 74,373 units compared to sales of 63,116 unit in July 2018.
Meanwhile, Omni and Eeco sales were at 15,791 unit sequentially up by 0.5% as against 15,714 unit in July 2017.
Light Commercial Vehicles like Super Carry sales were at 1,723 unit rising by a whopping 145.10% as against 703 unit recorded in July 2017.
From April to July 2018, Maruti has sold 654,848 vehicles increasing by 17% compared to sales of 559,917 vehicles in the corresponding period of previous year.
Following the disappointing July sales, Maruti Suzuki’s share price were trading below Rs 161.40 or 1.70% at Rs 9,345 on BSE at around 1329 hours.