India’s largest car manufacturer Maruti Suzuki India has reported a fall in their total wholesales in the first month of 2022, the fall in sales is a result of a shortage in electronic components.
Even after multiple car launches and many launches ahead, Maruti Suzuki India has reported a fall in wholesales in the first month of the year. For January, Maruti Suzuki has witnessed a fall of 3.96 per cent in total wholesales at 1,54,379 units.
The company had sold 1,60,752 units in January 2021, MSI said in a statement. Last month, the company’s domestic sales slipped 8 per cent to 1,36,442 units as against 1,48,307 units in January 2021.
“The shortage of electronic components had a minor impact on the production of vehicles primarily sold in the domestic market. The company took all possible measures to minimise the impact,” MSI stated.
Sales of mini cars, comprising Alto and S-Presso, fell 25.91 per cent to 18,634 units compared with 25,153 in the same month last year.
Similarly, sales in the compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, slumped 7.1 per cent to 71,472 units as against 76,935 cars in January 2021. Sales of mid-sized sedan Ciaz increased to 1,666 units compared with 1,347 units in January 2021
Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, rose 11.45 per cent to 26,624 units compared with 23,887 vehicles in the year-ago month, MSI said. Exports jumped 44.13 per cent to 17,937 units as against 12,445 units in the corresponding month last year, the company said.
With inputs from PTI
