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Maruti Suzuki sales decline 24% to 138,335 units in October

Domestic sales slipped 32 per cent

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Maruti Suzuki | Automakers | Carmakers

Press Trust of India  |  New Delhi 

Maruti Suzuki India’s royalty payments to parent Suzuki Motor Corp, which used to be investors’ concern till three years ago, touched the lowest in a decade in the financial year ended March 31.

The country's largest carmaker India (MSI) on Monday reported a 24 per cent decline in sales at 1,38,335 units in October.

The company had sold 1,82,448 units in October last year, MSI said in a statement.

Domestic sales slipped 32 per cent to 1,17,013 units last month as against 1,72,862 units in September 2020, it added.

"While the shortage of electronic components continued to affect the production of vehicles during the month, the company took all possible measures to minimise the impact. Accordingly, the company sold more vehicles than the sales volume expected at the start of the month," the auto major stated.

Sales of mini cars, comprising Alto and S-Presso, fell 23 per cent to 21,831 units as compared to 28,462 in the same month last year.

Similarly, sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, slumped 49 per cent to 48,690 units as against 95,067 cars in October last year.

Sales of mid-sized sedan Ciaz declined 25 per cent to 1,069 units as compared with 1,422 units in October 2020.

Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, however rose 7 per cent to 27,081 units as compared to 25,396vehicles in the year-ago month, MSI said.

Exports jumped over two-folds at 21,322 units as against 9,586 units in the corresponding month last year, the company said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, November 01 2021. 13:42 IST
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