Maruti Suzuki beats Mahindra in SUV sales, August figures surprise you

Photo:FILE Maruti Suzuki

There is intense competition in the Indian SUV market. In a latest news, it is revealed that in the matter of SUV sales, Maruti Suzuki has defeated Mahindra & Mahindra in the month of August. Maruti has left behind Mahindra (Mahindra & Mahindra). According to the news of Moneycontrol, Maruti Suzuki Executive Director Shashank Srivastava said on Monday that Maruti Suzuki has become the top manufacturer of Sports Utility Vehicles (SUV) in India in last August.

Crosses 1 million sales this festive season

According to the news, Shashank Srivastava also told that the vehicle manufacturer (Maruti Suzuki) registered a year-on-year (YoY) growth of 16.5 percent last month, which is faster than the automobile industry. He said that we will cross the 1 million sales mark this festive season. The festive season typically accounts for 26 percent of total annual sales. Maruti’s market share has increased with the introduction of four new SUVs. He also said that we have recorded a strong growth of 25 percent in retail sales in Kerala during the Onam season this year.

SUV’s share in the total market

According to the report, Shashank Srivastava also said that the small car segment has declined to 30 per cent of the total auto industry from 35 per cent last year, while the SUV segment is growing well. Shashank said that SUVs now account for 49 per cent of the overall market share, compared to just 29 per cent a few years back.

Maruti Suzuki has sold a total of 189,082 units of vehicles in August. Of this, 1,58,678 units have been sold in the domestic market, while 24,614 units have been exported. Talking about Mahindra’s sales, the company has sold a total of 70,350 units of vehicles in August. These also include exported vehicles.

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