Kerala floods: Maruti Suzuki posts 3.4% decline in August sales

As floods in Kerala adversely affected demand, India’s largest car maker Maruti Suzuki India on Saturday posted 3.4% drop in total sales at 1,58,189 units in August. The automobile major had sold 1,63,701 units in August last year. Domestic sales also dipped 2.8% to 1,47,700 units last month as against 1,52,000 units in the year-ago month.

Sales of minicars comprising Alto and WagonR were at 35,895 units as compared to 35,428 units in August last year, up 1.3 per cent.

Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, were down 3.6 per cent at 71,364 units as against 74,012 units in August last year, the company said.

Mid-sized sedan Ciaz sold 7,002 units as compared to 6,457 units in the same month a year ago, a growth of 8.4 per cent.

Sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, were down 16.2 per cent at 17,971 units in August as compared to 21,442 units in the year-ago month, MSI said.

Exports in August were down 10.4 per cent at 10,489 units over 11,701 units in the corresponding month last year, the company said.

Sales during the month were adversely affected due to severe floods in Kerala and heavy rains in other parts of the country, the car maker in a statement.

Car makers are staring at loss of volumes from Kerala for at least 2 months following the devastating floods that claimed nearly 500 lives and rendered several hundreds more homeless.

Kerala is the biggest market among the six southern markets of the south of the country with quarterly volumes of 66,000 units, making up one-fourth of the total volumes from the south.

Related Posts