Maruti Suzuki Car Sales in July 2024: Growth in Exports, Decline in Domestic Sales

Maruti Suzuki's sales for July 2024 highlight a 3.63% overall decline, with domestic sales down but exports and LCVs showing positive growth.

By Mohit Kumar

24.35k

Aug 02, 2024 05:46 am IST

Maruti Suzuki sees 3.63% decline in sales in July 2024. The company sold a total of 175,041 units this month. This number includes vehicles sold within India, sales to other manufacturers (OEMs), and exports. While there were some bright spots, overall sales were down compared to July 2023. Only the mini segment of Maruti Suzuki cars like alto and s-presso has shown a slight growth in sales.

Domestic Sales

Segment	July 2024 Units	July 2023 Units	Percentage Change
Total Sales	175,041	181,630	-3.63%
Domestic Sales	140,354	152,126	-7.74%
Domestic Market	137,463	152,126	-9.64%
Sales to OEMs (Toyota)	10,702	4,746	1.255
Exports	23,985	22,199	0.0805
Passenger Cars	69,245	78,040	-11.27%
Mini Segment	9,960	9,590	0.0386
Compact Segment	58,682	67,102	-12.55%
Mid-Size Segment	603	1,348	-55.27%
Utility Vehicles	56,302	62,049	-9.26%
Vans	11,916	12,037	-1.01%
Light Commercial Vehicles (LCV)	2,891	2,559	0.1297

So, when we look at sales in India, Maruti Suzuki sold 140,354 units in July 2024. This includes 137,463 units to customers and 10,702 units to other manufacturers. Compared to July 2023, when they sold 152,126 units, there’s been a dip of 14,663 units, which is about a 9.64% decrease.

Passenger Cars

Now, let’s break down the numbers for passenger cars:

Mini Segment (like the Alto and S-Presso)

They sold 9,960 units this July, which is a little bump up from 9,590 units last year.

Compact Segment (including models like the Baleno, Celerio, Dzire, Ignis, Swift, and WagonR)

This segment took a hit, with 58,682 units sold in July 2024, down from 67,102 units last year.

Mid-Size Segment (that’s mainly the Ciaz)

Only 603 units were sold, which is quite a drop from 1,348 units in July 2023.

Utility Vehicles and Vans

Utility Vehicles (Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, XL6)

Sales were 56,302 units in July 2024, compared to 62,049 units in July 2023.

Vans (like the Eeco)

They sold 11,916 units this July, which is a slight decrease from 12,037 units last year.

Light Commercial Vehicles (LCV)

Super Carry: Sales rose to 2,891 units in July 2024, up from 2,559 units last year, marking a 12.97% increase.

Exports and Sales to OEMs

Maruti Suzuki sold 23,985 units abroad this July, up from 22,199 units last year. That’s an increase of 1,786 units or 8.05% – nice!

Sales to Toyota

Another bright spot: Sales to Toyota jumped significantly. In July 2024, they sold 10,702 units, compared to just 4,746 units in July 2023, marking an impressive 125.50% increase.

Conclusion

To sum it all up, Maruti Suzuki sold a total of 175,041 units in July 2024, which is slightly less than the 181,630 units sold in July 2023. This reflects the ups and downs in the market, with some segments growing while others face challenges. Overall, July 2024 shows both the hurdles and the potential for growth that Maruti Suzuki is dealing with right now.