Maruti Suzuki October 2024 sales report - Highest monthly & export sales on record

04 Nov 2024

4 Mins read

Outline

Maruti Suzuki October 2024 & semi-annual sales report analysis
Monthly sales reports for Maruti Suzuki recorded a 3.62% increase
Maruti Suzuki reports 1.64% growth in semi-annual sales
2024 October & September sales data

Key highlights

1
Sales to other OEMs reached 10,136 units in october
2
Combined total sales reached 206,434 units, a 3.62% rise compared to October 2023.
3
Exports during the April to October period increased by 17.44%

Outline

Maruti Suzuki October 2024 & semi-annual sales report analysis
Monthly sales reports for Maruti Suzuki recorded a 3.62% increase
Maruti Suzuki reports 1.64% growth in semi-annual sales
2024 October & September sales data

Reema Bohra

Noida

The festive month of October has finally wrapped up, bringing an end to the buzz of celebrations. For Maruti Suzuki, the season of discounts and offers proved to be highly successful, helping the carmaker achieve its highest-ever monthly sales, with 203,434 units sold. Additionally, Maruti Suzuki reached a new milestone in exports, recording a monthly high of 33,168 units shipped overseas. In the following analysis, we will take a closer look at this sales report to see how much sales have grown compared to previous months and explore more details about this record-breaking achievement.

Maruti Suzuki October 2024 & semi-annual sales report analysis

Category	Sub-segment Models	2024 October	2023 October	Difference	FY 2024-25 (April to October)	FY 2023-24 (April to October)	Difference
A: Mini	Alto, S-Presso	10,687	14,568	-3,881 (-26.63%)	72,474	87,118	-14,644 (-16.81%)
A: Compact	Baleno, Celerio, Dzire, Ignis, Swift, WagonR	65,948	80,662	-14,714 (-18.24%)	432,369	499,591	-67,222 (-13.46%)
Mini + Compact Segment	-	76,635	95,230	-18,595 (-19.53%)	504,843	586,709	-81,866 (-13.95%)
A: Mid-Size	Ciaz	659	695	-36 (-5.18%)	4,800	8,136	-3,336 (-41.01%)
Total A: Passenger Cars	-	77,294	95,925	-18,631 (-19.42%)	509,643	594,845	-85,202 (-14.32%)
B: Utility Vehicles	Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, XL6	70,644	59,147	11,497 (19.44%)	414,309	365,615	48,694 (13.32%)
C: Vans	Eeco	11,653	12,975	-1,322 (-10.19%)	80,253	80,694	-441 (-0.55%)
Total Domestic Passenger Vehicle Sales (PV)	-	159,591	168,047	-8,456 (-5.03%)	1,004,205	1,041,154	-36,949 (-3.55%)
Light Commercial Vehicles (LCV)	Super Carry	3,539	3,894	-355 (-9.12%)	19,970	19,390	580 (2.99%)
Total Domestic Sales including LCV (PV+LCV)	-	163,130	171,941	-8,811 (-5.12%)	1,024,175	1,060,544	-36,369 (-3.43%)
Sales to other OEM	-	10,136	5,325	4,811 (90.37%)	64,233	34,265	29,968 (87.47%)
Total Domestic Sales (PV+LCV+OEM)	-	173,266	177,266	-4,000 (-2.26%)	1,088,408	1,094,809	-6,401 (-0.58%)
Total Export Sales	-	33,168	21,951	11,217 (51.08%)	181,444	154,493	26,951 (17.44%)
Total Sales (Total Domestic + Export)	-	206,434	199,217	7,217 (3.62%)	1,269,852	1,249,302	20,550 (1.64%)

Monthly sales reports for Maruti Suzuki recorded a 3.62% increase

In achieving record sales, a significant boost has come from sales to other OEMs, which totalled 10,136 units this month, almost double the amount from the same month last year. Additionally, the sales of utility vehicles, including models like Brezza, Ertiga, Fronx, Grand Vitara, & Invicto, have performed exceptionally well, reaching a combined total of 70,644 units. This marks a 19.44% increase compared to sales in October of the previous year.

Overall, the total domestic sales stood at 173,266 units, reflecting a 2.26% decline compared to September 2023. However, exports experienced a significant increase of 51.08%, with 33,168 units shipped out compared to 21,951 units in October of last year. This collective performance brought the total combined sales (domestic and export) to 206,434 units, a rise of 3.62% compared to October 2023.

Also Read: Tata Safari feature list updated with new additions and cuts

Maruti Suzuki reports 1.64% growth in semi-annual sales

The total semiannual sales from April to October this year reached 1,269,852 units, showing an increase of 1.64% compared to the previous semiannual sales of 1,249,302 units. The main driver of this growth was the sales to other OEMs, along with export sales, which saw significant rises of 87.47% and 17.44%, respectively.

2024 October & September sales data

For those curious about the impact of the festive season on car sales, the table comparing October and September 2024 provides a clearer picture. It highlights how the festive period has positively influenced sales figures, showing a noticeable increase.

Category	Sub-segment Models	October 2024	September 2024
A: Mini	Alto, S-Presso	10,687	10,363
A: Compact	Baleno, Celerio, Dzire, Ignis, Swift, WagonR	65,948	60,480
Mini + Compact Segment	-	76,635	70,843
A: Mid-Size	Ciaz	659	662
Total A: Passenger Cars	-	77,294	71,505
B: Utility Vehicles	Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, XL6	70,644	61,549
C: Vans	Eeco	11,653	11,908
Total Domestic Passenger Vehicle Sales (PV)	-	159,591	144,962
Light Commercial Vehicles (LCV)	Super Carry	3,539	3,099
Total Domestic Sales including LCV (PV+LCV)	-	163,130	148,061
Sales to other OEM	-	10,136	8,938
Total Domestic Sales (PV+LCV+OEM)	-	173,266	156,999
Total Export Sales	-	33,168	27,728
Total Sales (Total Domestic + Export)	-	206,434	184,727

Also Read: Exclusive: Maruti Suzuki Dzire bookings opening on November 4

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