Maruti Suzuki Sales in October 2024 –Highest Ever Sales Milestone Recorded

2024-11-06 12:01:28

In October 2024, Maruti Suzuki India Limited achieved a significant milestone by recording its highest-ever monthly sales volume, with a total of 206,434 units sold. This impressive figure reflects the company’s strong performance across multiple markets and underscores its continued dominance in the Indian automotive industry.

The sales figures for October 2024 are given below:

Breaking down the total sales, domestic sales accounted for 163,130 units, which highlights the robust demand for Maruti Suzuki’s vehicles in India. The domestic market has seen sustained consumer confidence and a rising preference for Maruti Suzuki’s portfolio of cars, including popular models in the compact and sub-compact segments, as well as its increasing foray into the electric vehicle space. This solid performance in the domestic market is a testament to the company’s ability to cater to diverse customer needs and preferences, despite challenges in the broader economy.

In addition to strong domestic sales, Maruti Suzuki also reported sales to other Original Equipment Manufacturers (OEMs), with a total of 10,136 units sold. This segment reflects the company’s growing presence in the broader automotive ecosystem, as Maruti Suzuki has long supplied components and vehicles to other automakers, further expanding its footprint in the industry.

Perhaps most notable is the company’s record-breaking monthly exports, which reached an all-time high of 33,168 units. This achievement underscores Maruti Suzuki's strong position in international markets, particularly in regions such as Africa, Latin America, and Southeast Asia, where demand for affordable and reliable vehicles continues to grow. The export performance highlights Maruti Suzuki’s increasing global reach and its ability to meet the diverse mobility needs of customers worldwide.

Overall, the 206,434 total units sold in October 2024 not only marks a historic high for Maruti Suzuki but also reflects the company’s resilience, strategic market positioning, and its ability to adapt to evolving customer preferences, both in India and abroad.

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