Maruti Suzuki Sales In May 2024: Maruti Suzuki India reported a 2 percent year-on-year dip in total wholesales at 1,74,551 units in May 2024. The company had dispatched a total of 1,78,083 units to its dealers in the same month last year (2023), Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales rose marginally to 1,44,002 units last month from 1,43,708 units in the year-ago period, it added.
Sales of mini-segment cars, comprising Alto and S-Presso, declined to 9,902 units from 12,236 units in May 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, also fell to 68,206 units from 71,419 units in the year-ago month.
Utility vehicles, including Brezza, Grand Vitara, Ertiga, S-Cross, and XL6, clocked sales of 54,204 units last month as against 46,243 units earlier. Sales of vans were at 10,960 units in May 2024 as against 12,818 units a year ago, while that of light commercial vehicle Super Carry stood at 2,692 units as against 2,888 units in May 2023.
MSI said its exports last month declined to 17,367 units from 26,477 units in the same period last year. “It has been discussed that growth this year will not be very high. It will be in single digit because of the high base effect. Secondly, there were elections and the scorching temperatures also had an impact on the overall sales in May,” MSI Senior Executive Officer (Marketing & Sales) Partho Banerjee told reporters.
PV Wholesales Slow Down in May
PV (Passenger Vehicle) wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall PV dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a growth of 4 per cent.