Maruti Suzuki’s Record-Breaking 2 Million Sales in FY24

Join the celebration as Maruti Suzuki achieves its highest-ever yearly sales of 2 million units in FY24. Learn more about this monumental achievement now!

Maruti Suzuki’s Epic Sales Achievement
Maruti Suzuki, the automotive juggernaut of India, has achieved an extraordinary milestone by exceeding 2 million sales in the fiscal year 2023-24. This landmark achievement underscores the brand’s dominance in the Indian automotive landscape and its unwavering pursuit of excellence. Let’s delve into the details of Maruti Suzuki’s record-breaking performance and its strategic vision for the future.

Maruti Suzuki’s Record-Breaking Sales: A Closer Look

Sales Triumph in FY24:
Maruti Suzuki capped off FY24 with unprecedented domestic sales of 17,93,644 units and export volumes totaling 2,83,067 units. March 2024 witnessed robust sales figures, with a total of 1,87,196 units sold, including 1,56,330 units in domestic sales and 25,892 units exported. These stellar figures underscore Maruti Suzuki’s stronghold in both domestic and international markets.

Analyzing the Sales Data: Insights and Highlights

Mini Segment Success:
Models like Alto and S-Presso contributed to the mini segment’s growth, with a 2.13% year-on-year increase and 11,829 units sold.

Midsize Sedan Performance:
The Ciaz midsize sedan recorded 590 units in sales, adding to the overall domestic sales figures for Maruti Suzuki.

Compact Range Contribution:
Despite a marginal decline, the compact range, featuring Baleno, Celerio, Dzire, and others, remained pivotal to domestic sales.

UV Portfolio Expansion:
Maruti Suzuki’s UV portfolio witnessed a remarkable 57.7% surge in sales, reflecting the burgeoning demand for utility vehicles in India.

Exports Stability:
While exports experienced a slight dip compared to the previous year, Maruti Suzuki’s robust performance in international markets remained steadfast.

Sales Data Breakdown for FY23-24:

CategoryUnits Sold
Domestic Sales17,93,644
Total Sales20,76,711

Sales Data Breakdown for March 2024:

CategoryUnits Sold
Domestic Sales1,56,330
Sales to Other OEMs4,974
Total Sales1,87,196

Future Plans and Prospects

Innovative Product Pipeline:
Maruti Suzuki is gearing up for the launch of new models, including the next-generation Swift and the all-new Dzire, poised to enhance the brand’s market presence.

Sustainable Mobility Initiatives:
Plans for the introduction of a seven-seater version of the Grand Vitara and Maruti Suzuki’s maiden electric SUV in 2025 highlight the brand’s commitment to innovation and sustainability.

Milestones on Wheels
Maruti Suzuki’s remarkable achievement of crossing the 2 million sales milestone in FY24 is a testament to its unwavering commitment to delivering quality vehicles and exceptional customer experiences. With a strong foundation built on innovation, reliability, and customer-centricity, Maruti Suzuki is poised to maintain its leadership position in the Indian automotive market for years to come.

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