Maruti Suzuki domestic passenger vehicle wholesales stood at 63,111 units due to reduced production due to spare parts
Maruti Suzuki India Limited reported total wholesale sales of 86,380 units in September 2021. This includes total domestic sales of 66,415 units, other OEM sales of 2,400 units and exports of 17,565 units. Oddly, while manufacturers have been eyeing Maruti sales for years, the chip fell short to have any real temporary effect.
maruti car sales september 2021
The hardest hit is MSIL’s mini and compact segment, the latter. Wholesale sales of Alto and S-Presso fell just below 15k units from 27,246 units. The compact segment (Baleno, Celerio DZire, Ignis, Swift, Tour S, and WagonR) saw a sharp drop in sales, down a quarter to less than 20k units. A year ago, that number was clocked in at a whopping 1.11L units.
MSIL sales declined across all PV segments. Less than 1,000 units of the Ciaz were sold. Although the UV and Vans segment sales were lower, the setback was mitigated with the decline in sales as compared to the smaller car segment. Sales of the vaguely defined UV segment (Ertiga, Gypsy, S-Cross, Vitara Brezza, and XL6) were pegged at 18,459 units, down from 23,699 units. Eeco van sales declined from 11,220 units to below 8k units.
shortage and shortage of parts
The Company is taking necessary steps to minimize the impact on sales volumes by assessing the existing manufacturing capacity at FCA to procure essential electronic components. Despite the measures, the level of shortfall for many components is still high and these shortfalls will continue.
With the festive season upon us, MSIL knows the stakes are high historically, car purchases have been known to shoot through the roof at this time of year. As September draws to a close, MSIL will optimize the position to 60 per cent manufacturing capacity in October. While a significant increase in sales volume would have been ideal, the situation is largely dependent on the purchase of parts at present.
Q3 2021 Sales
Maruti Suzuki for the most part has always looked unstoppable at the top of the ladder. However, the market conditions have shocked everyone. and production, thereby affecting sales.
Maruti’s annual sales in the domestic market have been severely contained at around 63k units, down from around 1.48k units in September 2020. No one’s hands are right other than waiting for parts to become available. It is uncertain how quickly these measures can be implemented and achieve the expected results.
The company has committed itself for timely procurement of components from the suppliers. MSIL’s September 2021 sales volume impacted in September has significantly impacted sales ended for the quarter. Last month also production had come down to 60 per cent.