Total sales of car maker Maruti Suzuki India increased by 11.8 percent to 1,64,469 in February this year. In February 2020, the company sold 1,47,110 vehicles. If you look at the sales figures of the country’s largest car company in the month of February, the most growth is coming in the compact and utility vehicles segment. At the same time, the mid-size sedan and mini segment saw a decline. From this, an estimate can be made that new car buyers are looking for more options in the compact and SUV segment.
Strong growth in the compact, utility segment
According to the sales data released by Maruti Suzuki, the category that has the highest demand is compact and utility vehicles. In February 2021, sales of the compact segment increased by 15.3 per cent to 80,517 units. In February 2020, the company sold a total of 69,828 cars in this segment. Maruti sells WagonR, Swift, Celerio, Ignis, Baleno and Dzire models in this segment.
Similarly, Maruti’s utility vehicles sales rose 18.9 per cent to 26,884 units last month, while the company sold 22,604 cars in this category in February 2020. Maruti sells Vitara Brezza, S-Cross, Ertiga, XL6 and Gypsy in this category.
Demand decreasing in the mini, mid-size segment!
Demand for cars in Maruti Suzuki’s mini and mid-size segment is declining. Sales figures for February 2021 show the same picture. There was a decline of double-digit in both these segments. Maruti sells Alto and Espresso models in its mini segment i.e. entry-level category. Their sales fell 12.9 per cent to 23,959 units last month, while in February 2020 the company sold a total of 27,499 cars in the Alto and Espresso models.
Similarly, sales of the company’s only car Ciaz in the mid-size segment are also witnessing a sharp decline. The Ciaz fell 40.6 per cent to 1,510 units in February 2021, compared to 2,544 units sold in February last year.
Domestic sales up 11.8%, exports also rise
During February 2021, the company’s domestic sales grew by 11.8 percent to 1,52,983 units. In February last year, the company sold 1,36,849 cars in the Indian market. On the export front too, the company’s figures were encouraging. In February this year, Maruti’s exports grew by 11.9 percent to 11,486 units, in February last year, the company exported 10,261 cars.
‘Super Carry’ sales jumped 507 percent
Maruti Suzuki’s light commercial vehicle ‘Super Carry’ sales jumped 507.6 percent to 2,722 units in February 2021. In February last year, 448 Super Carries were sold. On the other hand, Echo sales in the company’s van segment increased by 5.9 per cent to 11,891 from 11,227 in February last year.