Maruti Suzuki Sees Highest Monthly Exports with 9% Decline In Sales

Maruti Suzuki India has reported selling 1,39,184 units in November 2021, a decline of 9 percent related to the same month in 2020. However, the company did achieve its highest ever monthly exports of 21,393 units.

The country’s largest car manufacturer, Maruti Suzuki India, has reported selling 1,39,184 units in November 2021. Compared to 1,53,223 units sold during the same month in 2020, the carmaker witnessed a year-on-year decline of over 9 percent.

However, compared to 1,38,335 vehicles sold in October 2021, Maruti Suzuki saw a marginal growth of less than 1 percent month-on-month. While the shortage of electronic components did have a minor impact on production, which affected domestic sales, Maruti did report its highest ever monthly exports of 21,393 units.

Compared to 9,004 units exported in November 2021, that’s a massive growth of 137 percent. However, the market situation was much different in 2020, so it won’t be an ideal comparison. Compared to 21,322 units exported in October 2021, the month-on-month growth was highly marginal. Maruti Suzuki’s overall domestic sales for November 2021 stood at 1,17,791 units, an 18 percent decline compared to 1,44,219 units sold in the same month last year. However, compared to 1,17,013 units sold in October 2021, MoM sales saw less than 1 percent marginal growth.

Maruti’s mini and subcompact segment, which includes cars like – Alto, S-Presso, Wagon R, Swift, Celerio, Ignis, Baleno, and Dzire – collectively accounted for 74,492 units. Compared to 98,969 units sold in November 2020, the company saw a YoY decline of 25 percent. In November 2021, Maruti sold 1,089 units of its compact sedan Ciaz, a 41 percent decline compared to 1,870 units sold during the same month in 2020. On the other hand, sales from the utility vehicle space, including the Vitara Brezza, Ertiga, XL6, Gypsy and S-Cross, stood at 24,574 units and grew to over 3 percent compared to 23,753 units sold in November 2020.

As for the van segment, Maruti Suzuki sold 9,571 units of the Eeco van in November 2021, a drop of 14 percent down compared to 11,183 units sold during the same month in 2020. Last month’s sales to other OEMs, Toyota, stood at 4,774 units, a decline of 9 percent compared to 5,263 units sold in November 2020. In November 2021, Maruti Suzuki sold 3,291 units of the Super Carry light commercial vehicle, achieving a 3 percent growth compared to 3,181 units sold in November 2020.

In 2017, the Gujarat facility of the Suzuki Motor was opened. Maruti Suzuki does not own this third facility but is instead wholly controlled by Suzuki Motor Corporation. Despite that, the plant provided vehicles to Maruti without any extra cost. Established in Hansalpur, Ahmedabad, the factory has a total annual volume of 750,000 units.

In November 2021, Maruti Suzuki announced to set up a big plant in IMT Kharkhoda in Sonipat district across 900 acres with an investment of 18000 crores. HSIDC Haryana State Industrial and Infrastructure Development Corporation give Maruti Suzuki 900 acres of land to set up a new plant in Industrial Model Township IMT at Kharkhoda, Haryana.

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