Maruti Suzuki Market Share Up By 0.3% Despite 17.2% Sales Drop In June 2019


Maruti Suzuki is looking to make up for the sales deficit in the coming months with a range of new launches

Except for Mahindra, all other carmakers in the industry registered negative sales growth in June 2019 as the unfavorable circumstances continued to persist all along. Maruti Suzuki sold 1,11,014 units against 1,34,036 units during the same month last year with YoY sales decline of 17.2 percent. However, it managed to grab 0.3 percent more market share.

This shows how the entire auto sector is affected lately as, despite the sales deficit, Maruti Suzuki garnered 50.1 per cent market share in June 2019 as opposed to 49.8 percent twelve months ago. The same can be said for Hyundai and Mahindra as well.

The companies finished in second and third places respectively with YoY market share increase of 2.1 percent and 1.9 percent. Honda Cars India saw the biggest market share decline in June 2019 by 1.9 percent as it ended up sixth with total sales of 10,314 units against 17,602 units during the corresponding month in 2018.

Maruti Suzuki Ertiga 1.5 Diesel Launched India

As the overall industry figures are expected to improve in the coming months, Maruti Suzuki is preparing to launch several new products in the coming months to take advantage of it. The Concept Future S based micro SUV reportedly christened the S-Presso will be introduced during this festive season in India.

Additionally, the six-seater Ertiga Cross is primed for debut most likely next year. To differentiate it from the regular MPV, Maruti Suzuki is expected to employ notable cosmetic and interior changes along with the second-row captain seat arrangement. It will be retailed through Nexa premium dealerships upon arrival.

The BSVI range is also believed to be expanded during the course of this year. The Baleno received new DualJet petrol engine while the existing 1.2-litre K-series petrol was also upgraded to meet BSVI norms – as was the case with Swift, Wagon R, and Dzire. The Vitara Brezza could get a new petrol engine and it could be the 1.5-litre SHVS unit found in the Ertiga and Ciaz.

Data Source: AutoPunditz