Total passenger vehicle sales declined by 6.9% to 103,435 units compared to last year
Domestic sales barely rose 0.2% at 142,604 units and exports were up 29.3% at 12,445 units
Maruti Suzuki India Limited posted total sales of 160,752 units in January 2021 led by utility vehicles, compact segment, LCVs and Vans. This is a growth of 4.3% over January 2020, the auto manufacturing company said in a regulatory filing.
"Total sales in the month include domestic sales of 142,604 units, sales to other OEMs 5,703 units and exports of 12,445 units," it said. Domestic sales barely rose 0.2% at 142,604 units and exports were up 29.3% at 12,445 units. Total passenger vehicle sales decline.
Total passenger vehicle sales decline by 6.9% to 103,435 units compared to last year. Mini and compact vehicle segment declined by 7.4% to 102,088 units compared to last year whereas utility vehicle continue to see increased demand as sales grew 45.1% over the last year to 23,887 units.
Similarly, sales of the compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, declined by 8.8 per cent to 76,935 units as against 84,340 cars in January year.
Sales of mid-sized sedan Ciaz, however, jumped 61.3 per cent to 1,347 units as compared with 835 in January 2020.
Similarly, utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, rose 45.1 per cent to 23,887 units compared with 16,460 in the year-ago month, MSI said.
On Monday, amid Finance Minister Nirmala Sitharaman's Union Budget 2021 presentation, Maruti Suzuki's scrip on BSE was trading 0.72% higher in early trade at ₹7,260.