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Maruti Suzuki, Hyundai Sales Decline In February

Maruti’s domestic sales slipped by 8.46 per cent to 1,40,035 units in February 2022 as against 1,52,983 units in February 2021

New Delhi: 

Maruti Suzuki India (MSI) has recorded a slight fall in its total wholesales, which stood at 1,64,056 units in February 2022. It had sold 1,64,469 units in February 2021, the company informed in a regulatory filing.

Hyundai Motors India too witnessed a fall in its total sales in February 2022.

Maruti’s domestic sales slipped by 8.46 per cent to 1,40,035 units in February 2022 as against 1,52,983 units in February 2021.

“The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in the domestic market. The company took all possible measures to minimise the impact,” Maruti Suzuki said in the filing.

Sales of mini cars, comprising Alto and S-Presso, fell 17.81 per cent to 19,691 units as compared to 23,959 in the same month last year.

Similarly, sales in the compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, slumped 3.38 per cent to 77,795 units as against 80,517 cars in February 2021.

Sales of mid-sized sedan went up to 1,912 units as compared to 1,510 units in February 2021.

Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, declined to 25,360 units as compared to 26,884 vehicles in the year-ago month, MSI said.

On a brighter side, Maruti’s exports jumped over two-folds to 24,021 units as against 11,486 units in the corresponding period of last year. 

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