HomeStock marketMaruti Suzuki sells over 1.60 lakh units, sales up by 26 per...

Maruti Suzuki sells over 1.60 lakh units, sales up by 26 per cent in August- Newslength

Car producer Maruti Suzuki India Ltd. reported a 26.37% enhance in total gross sales in August 2022, reaching 1,65,173 items. In response to a press release from Maruti Suzuki India Ltd, the corporate bought 1,30,699 automobiles in whole throughout the identical month final 12 months (MSIL). From 1,03,187 items in the identical month final 12 months, the entire home passenger car gross sales jumped by 30% to 1,34,166 items this month. Cars within the micro-segment, such because the Alto and S Presso, noticed a rise in gross sales in August 2021 from 20,461 to 22,162 items. It ought to be talked about that Tata and Mahindra, two different Indian automakers, bought 78,843 and 29,852 automobiles, respectively, in August.

Gross sales of compact automobiles, together with Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, rose by 57 per cent to 71,557 items as in comparison with 45,577 items within the year-ago month. Utility automobiles, consisting of Brezza, Ertiga, S-Cross, and XL6, clocked gross sales of 26,932 items final month as in comparison with 24,337 items earlier.

“The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models. The company took all possible measures to minimise the impact,” MSIL stated.

Additionally learn: 2022 Mahindra Scorpio-N ‘drives growth’, firm experiences 87 p.c gross sales enhance in August

Gross sales of van Eeco have been at 11,999 items final month as in opposition to 10,666 items in August 2021, whereas that of sunshine industrial car Tremendous Carry stood at 3,371 items as in opposition to 2,588 items earlier. MSIL stated its exports in August 2022 stood at 21,481 items as in comparison with 20,619 items in the identical month final 12 months.

In the meantime, the automaker is increasing its portfolio of automobiles. The automaker plans on having automobiles with a number of forms of powertrains. The Indian auto main already has CNG automobiles and petrol automobiles in India and is now increasing in the direction of the brand new territory of hybrid automobiles.

With inputs from PTI



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