- New Delhi: Despite a decline in domestic passenger car sales, Maruti Suzuki’s strong performance in utility vehicles and record-high exports in October 2024 reflect a shift towards larger vehicles and a growing global market presence.
- October 2024: Domestic passenger car sales dropped to 77,294 units from 95,925 units in October 2023, showing a notable year-over-year decline.
Segment Breakdown: Mini, Compact, and Mid-Size
- Mini Segment: Sales of models like the Alto and S-Presso fell to 10,687 units from 14,568 units in October 2023.
- Compact Segment: Popular models such as the Baleno, Swift, and WagonR saw a decrease to 65,948 units from 80,662 units in October 2023.
- Mid-Size Segment: The Ciaz recorded a slight dip, with 659 units sold compared to 695 units in October 2023.
Year-to-Date Sales: A Downward Trend
- April–October FY 2024–25: Cumulative passenger car sales were 509,643 units, down from 594,845 units in the same period of the previous fiscal year.
Utility Vehicles and Vans: A Mixed Performance
- Utility Vehicles: Sales surged to 70,644 units in October 2024, up from 59,147 units in October 2023.
- Vans: The Eeco model saw a slight decline, with sales at 11,653 units compared to 12,975 units in October 2023.
Overall Domestic Passenger Vehicle Sales
- Total domestic sales, including cars, utility vehicles, and vans, reached 159,591 units in October 2024, down from 168,047 units in October 2023.
Exports: A Record-Breaking Month
- Maruti Suzuki achieved its highest-ever monthly exports, with 33,168 units in October 2024, up from 21,951 units in October 2023, highlighting significant international demand.
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