Given the current pace of its sales, Maruti should easily surpass its highest fiscal year sales yet, achieved in FY2017: 1,568,603 units.
01 Dec 2017 | 4270 Views | By Autocar Professional Bureau
Maruti Suzuki India has announced its domestic market sales numbers for November 2017 – 144,297 units (+14.3%) and it looks well set to notch its best-ever sales for a fiscal year.
In FY2017, the company had sold a total of 1,568,603 units (domestic + exports). Given the current pace ...
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Maruti Suzuki India has announced its domestic market sales numbers for November 2017 – 144,297 units (+14.3%) and it looks well set to notch its best-ever sales for a fiscal year.
In FY2017, the company had sold a total of 1,568,603 units (domestic + exports). Given the current pace of its sales, Maruti should easily surpass this number. With four months of FY2018 still to go, the company has sold a total of 1,187,735 units (+14.6%). As is known, the company is gunning for 2 million sales annually by the year 2020. And it has 2.5 million sales in its crosshairs by FY2023.
Let’s take a closer look at how the company fared in the domestic market in November 2017. At first glance, it’s clear that the quintet of compact cars (Swift, Celerio, Ignis, Baleno and Dzire) and utility vehicles (Gypsy, Ertiga, S-Cross and Vitara Brezza) have helped overall numbers. At 65,447 units sold (November 2016: 49,431), the five cars posted 32.4 percent year-on-year growth while the UVs, with 23,072 units, clocked 34 percent YoY growth (November 2016: 17,215).
Sales for the entry-level hatchback duo of the Alto and Wagon R, which sold 38,204 units were flat (November 2016: 38,886). If there is a growing concern for Maruti, then it would the declining sales of the Ciaz premium sedan. In November 2017, the Ciaz sold a total of 4,009 units, down a sizeable 26.2 percent (November 2016: 5,443).
Bringing up the rear are the two vans, the Omni and the Eeco which together sold 13,565 units, up 10.8 percent (November 2016: 12,238).