Posted by Sachit Bhat On 01-Jun-2022 04:52 AM
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Maruti Suzuki India Limited's Domestic sales were 1,24,474 units, up from around 33k units a year ago. The increase in volume was 91.6 thousand units. Sales are up 2% year over year, from 1,21,995 units. The increase in volume was 2,479 units.
With H1 2022 quickly approaching its end, it's safe to say that most automakers are optimistic about May 2022 performance. There's no reason to believe June 2022 will be any different. Last year, an aggressive Covid-19 wave successfully brought everything to a halt. After a year, individuals have taken advantage of every opportunity to return to normalcy.
Given May 2021's poor base sales, it's no wonder that May 2022 has been substantially better. Operations were significantly disrupted due to COVID-19-related disturbances' a year ago, making any true comparison difficult. Maruti has stepped up its export efforts in recent months. And it's starting to make a significant difference. Last month, MSIL posted its greatest export statistics in a single month, with 27,191 units.
The lack of electronic components is still a source of concern, and it has had a slight impact on vehicle production. It primarily impacted cars sold in the domestic market. MSIL takes the appropriate efforts to reduce the negative impact. Domestic sales were 1,24,474 units, up from around 33k units a year ago. The increase in volume was 91.6 thousand units. Sales are up 2% year over year, from 1,21,995 units. The increase in volume was 2,479 units.
The many feathers in MSILs continue to be primed by sales in the mini and compact segments. Just over 17.4k units of the Alto and S-Presso were sold. Baleno, Celerio, Dzire, Ignis, Swift, WagonR, and Tour S sales totaled just under 68 thousand units in the compact segment. Ciaz sales have been sluggish for several months. Even though entire segments have improved in recent months, this has not changed.
With 586 units sold, Ciaz’s sales remain low. With no serious competition, the Eeco van continues to push forward. Just under 10.5 thousand units were sold. The cumulative sales of the Ertiga, S-Cross, Vitara Brezza, and XL6 surpassed 28,000.
Growth was reported in every segment last month, which goes without saying. Current inflationary tendencies indicate that daily consumption will get more expensive. It will become clear over time whether current inflationary waves have an impact on the purchasing of entry-level vehicles. MSIL has a stranglehold on the market.
30-Jun-2022 06:31 AM
30-Jun-2022 01:31 AM