Auto: The entire automobile market of the country came to a standstill in April 2020 as production and showrooms were closed due to the nationwide lockdown. Maruti Suzuki recorded zero sales in April. However, in May, the company has started gaining momentum in sales following the relaxation of lockdown. According to the report, the company recorded a total of 18,539 units in May and 13,865 units were sold in the domestic market. However, this figure is 89% lower than in May 2019, as the company sold 1,25,552 cars in the domestic market in the same month last year.
Maruti Suzuki sold a total of 18539 units in May:
With Maruti Suzuki operating at less than 50 percent of its dealerships, recording a total of 18,539 units in May 2020. Of these, 13,865 units were sold in the domestic market, 23 units were exported to TKM and the rest were exported. Let us know that the carmaker resumed operations on May 12 under the new operational procedures and guidelines issued by the Government of India. Production started at the company’s Manesar plant on May 18, while Suzuki Motor Corporation’s Gujarat-based plant resumed production on May 25. Exports resumed after the Mundra and Mumbai facility began operations.
As of May 2019, a total of 1,25,552 units were sold in the domestic market:
As expected, domestic sales recorded last month are extremely low compared to the company’s performance in May 2019. In May 2019, the company recorded a total sales of 1,25,552 units in the domestic market. This figure is 10 times more than the domestic market sales in May 2020. Furthermore, this difference becomes even greater if you take into account the sales performance of Maruti Suzuki in May 2018, where it sold 1,63,000 units.
Very few bookings are being received:
According to a recent report, Maruti Suzuki has been booking about 6,000 a week since it started operations. This is much lower than the 4-5,000 bookings received prior to the adverse situation affecting the entire market last month. This reflects consumer interest as very few people are planning to buy a car at this time.
Demand for small cars increased:
However, the company has also revealed that the demand for small cars over large cars has gone up much earlier than before as there are many first-time car buyers who eventually want to buy vehicles and public transport Want to eliminate dependency on. The company has also increased the digitization of the car buying process, which will help the manufacturer in this era of social distancing.