InvestorQ : How have the Maruti auto sales numbers been for the month of August 2020?
diksha shah made post

How have the Maruti auto sales numbers been for the month of August 2020?

Answer
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Priyanka N answered.
3 weeks ago


Maruti Suzuki posted a strong 11% growth, after a long time, in its monthly auto numbers for August 2020 at 123,769 units. This growth may be on a YOY basis but is still appreciable coming in the aftermath of the COVID crisis where India was one of the worst hit.

The performance of the company across different segments was quite varied. For example, the production of mini-cars surged by 61% on a YOY basis to 22,208 units clearly showing signs of spending caution among buyers and demand thrust coming from rural areas.

Then there were the compact cars like Swift and Baleno that showed flat to marginally higher output in the month of August 2020. However, production of utility vehicles or MUVs like Gypsy, Ertiga, Vitara Brezza and S-Cross were up 44% YOY, albeit on a smaller base.