It looks like the auto sector is finally coming out of the clutches of the sales slump caused by the COVID and the resultant lockdown. Maruti Suzuki India Ltd, the country’s largest-selling carmaker by volume, has clocked an impressive 17.1 percent growth on a YoY basis in August 2020. The carmaker sold a total of 124,624 cars in August 2020, which has resulted in a decent growth of 15.3% over July 2020 and 17.1% over August 2019.
The total sales registered by Maruti Suzuki India Ltd in August 2020 include domestic sales of 115,325 units and 1,379 units that have been supplied to Toyota. These vehicles will be rebadged and sold as Toyota products from Toyota dealerships. In addition to this, Maruti Suzuki even exported 7,920 vehicles out of India in August 2020. The export tally, however, corresponds to a drop of 15.3 percent as compared to the exports in August 2019. Other than releasing its monthly sales figures, the car manufacturer has asserted that it remains committed to the health, safety, and well-being of all members across the value chain. All production and sales continue to take place fully consistent with all safety requirements for employees and customers.
Speaking of the products supplied to Toyota, Maruti Suzuki has been shipping units of Baleno made at its Gujarat facility to Toyota Kirloskar Motor as per a partnership between the parent companies of both the entities. The units supplied to TKM are rebadged and sold as the Toyota Glanza through Toyota’s local showrooms. The same units are also sold in certain international markets by the Japanese auto giant. Also, soon, Maruti Suzuki will be shipping units of Vitara Brezza to Toyota, which will be rebadged and sold as the Toyota Urban Cruiser. The rebadged model will carry an updated front fascia that will sport a Fortuner-like grille. It will also offer SHVS technology on both manual and automatic variants, while, so far, only the automatic transmission variants of the Brezza have offered this technology.
|Category : Sub-segment||Models||August|
|A: Mini||Alto, S-Presso||19,709|
|A: Compact||WagonR, Swift, Celerio, Ignis, |
Baleno, Tour S, Dzire
|Mini + Compact Segment||81,665||64,397|
|Total A: Passenger Cars||82,888||65,993|
|B: Utility vehicles||Gypsy, Ertiga, S-Cross|
Vitara Brezza, XL6
|C: Vans||Omni, Eeco||9,115|
|Total Domestic Passenger Vehicle Sales||1,13,033||93,173|
|Light Commercial Vehicles||Super Carry||2,292|
|Total Domestic Sales (PV+LCV)||1,15,325||94,728|
|Sales to other OEM||1,379||2,333|
|Total Domestic Sales (Domestic + OEM)||1,16,704||97,061|
|Total Export Sales||7,920||9,352|
|Total Sales (Total Domestic + Export)||1,24,624||1,06,413|