Maruti Suzuki sold 18.62 lakh units in FY2018-19

Maruti Suzuki ended the financial year 2018-19 with an overall sales figure of 1,862,449 units. Compared to the 1,779,574 units sold in the previous financial year, the carmaker recorded a growth of 4.7 per cent. This cumulative yearly sales also comprises of the highest ever domestic sales of 17,53,700 units, while the export stood at 1,08,749 units in the financial year. 

Meanwhile, in March, Maruti sold 1,58,076 units – a drop of 1.6 per cent compared to 1,60,598 sold in the same month last year. The sales of the mini segment, which included the Alto and the old Wagon R, has dropped as well since the new-gen Wagon R has now moved from mini sub-segment to compact sub-segment. The latter segment – which now includes new Wagon R, Ignis, Celerio, Swift, Baleno and Dzire – registered a growth of 19.8 per cent. The new Ciaz is yet to gain momentum and its sales are down from 4,321 units in March 2018 to 3,672 units last month. On the other hand, the utility segment which includes Gypsy, Ertiga, Vitara Brezza and S-Cross also ended on a high note, growing 12.3 per cent in March 2019. 

In the last couple of months, Maruti has been busy rejigging its product portfolio. The carmaker launched the new-gen Wagon R and Ertiga and has also updated the Baleno, Ignis besides adding a newly-developed diesel engine in the new Ciaz. Going forward, Maruti is gearing up for a mid-life update to the Vitara Brezza and the launch of the new-generation Alto as well. The former is expected to come around sooner than we know, while the latter is still in early stages of development and might break cover around the festive season later this year.