Maruti Suzuki reports a 16% drop in sales in 2019-20
NEW DELHI - The Largest Auto Manufacturer in the Country Maruti Suzuki India (MSI) reported a 16.1 percent drop in total sales in 2019-20 to 15.63,297 units on Wednesday as a slowdown and coronavirus The pandemic took its toll on the automotive sector.
The older car had sold 18.62,449 units in fiscal year 2018-19.
Domestic sales during 2019-20 decreased 16.7 percent to 14.61,126 units compared to 17.53,700 units in 2018-19, MSI said in a statement.
The company reported a 47 percent decrease in total sales to 83,792 units in March, it added.
It had sold 1.58,076 units in March 2019, MSI said in a statement.
Domestic sales last month decreased 46.4 percent to 79,080 units compared to 1.47,613 units in March 2019, it added.
Mini car sales comprising Alto y WagonR in March 2020 it stood at 15,988 units compared to 16,826 units in the same month last year, down 5 percent.
Compact segment sales, including models such as Swift, Celerio, Ignis, Baleno and Dzire , fell 50.9 percent to 40,519 units versus 82,532 cars in March 2019.
The Ciaz midsize sedan sold 1,863 units compared to 3,672 previous units.
Similarly, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga declined 53.4 percent to 11,904 units compared to 25,563 in the prior year month, MSI said.
Last month's exports fell 55 percent to 4,712 units from 10,463 units in the corresponding period last year, the company said.