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Old 28th December 2020, 14:33   #76
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

Maruti Suzuki sets target for 2021, asks vendors to be prepared for a 2 million production in 2021. Substantial exports planned from the Gujarat plant.

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Maruti in its address to the vendors has asked all the vendors to be prepared for a 2 million production in the year 2021. Maruti in its address also said that the company will be getting an additional capacity of 2 lakh units yearly from the Gujarat Plant by Q2 next year.

Maruti told it's vendors to be ready for production hike and has asked vendors to airlift critical components if the conventional route is taking more time.
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Old 1st January 2021, 10:50   #77
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

Maruti Suzuki's December sales:

Has Maruti-Suzuki reached a peak in terms of market share?-1.jpg


- 20.2 % Rise in Dec Vehicle Sales

- TOTAL DEC SALES OF 160,226 UNITS VERSUS 133,296 UNITS YEAR AGO

- TOTAL DEC DOMESTIC SALES OF 150,288 UNITS VERSUS 125,735 UNITS YEAR AGO(Total)

- TOTAL DEC EXPORT SALES 9,938 UNITS VERSUS 7,561 UNITS YEAR AGO

- TOTAL DEC DOMESTIC PASSENGER VEHICLE SALES 140,754 UNITS VERSUS 122,784 UNITS YEAR AGO

- 3,808 UNITS TO ALLIANCE PARTNER

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Vehicles in the compact sub-segment like WagonR, Swift, Celerio, Ignis, Baleno - among others - remain the main driving force and saw a 18.2% year-on-year growth. The mini sub-segment - Alto and S-Presso - also fared well with an uptick of 4.4%. Cars in Maruti's UV sub-segment - Ertiga, XL6, S-Cross, among others, also fared well with 25,701 units sold last month vis-a-vis 23,808 units in December of 2019 (8% uptick).

CIAZ sales in the sedan segment remains a concern. At 1,270 units last month, sales were down a substantial 29% (December 2019: 1,786). The Ciaz had sold 1,870 units in November, down 1,422 in October, 1,534 in September and 1,223 in August

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Old 1st January 2021, 13:49   #78
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

Since most of the sales for Suzuki are from legacy vehicles (last launch being S-Presso in late 2019) , it seems Suzuki is making a neat profit from these vehicles.
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Old 28th January 2021, 14:52   #79
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

Maruti Suzuki Q3 results: Net profit rises 24% to ₹1,941 crore, beats analysts estimates.

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In the third quarter, domestic unit sales of India's top carmaker rose here 13.4% year-on-year to 495,897 vehicles.

Passenger vehicle sales in December surged 13.6% from a year earlier, India’s trade body said earlier this month, but warned of rising costs.
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The operating profit for the quarter was at ₹1484.8 crore, a growth of 19.3% over the same period previous year "on account of higher sales volume and cost reduction efforts partially offset by increase in commodity prices and adverse foreign exchange movement
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Analysts on average had expected Maruti to post a profit of 18.79 billion rupees,
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Old 25th February 2021, 20:17   #80
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

Maruti chalks out plans to defend its market share.

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Five reasons why Maruti Suzuki will continue to rule Indian roads:

1) New model pipeline for next 5 years. (Only Koreans have more)
2) Focusing on CNG, hybrid & EV tech
3) will bring diesel back
4) Synergies with Toyota
5) no other OEM knows it’s customers better
Has Maruti-Suzuki reached a peak in terms of market share?-1.jpg

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Old 25th February 2021, 22:21   #81
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

It is commendable that Maruti, who has the best service spread in India at the moment, is still working to improve on that aspec. I have been a first hand victim of lack of proper global OEM dealerships where you are forced to run hunting for a proper service center in the nearest towns if you live in a rural setting.

On the electrification side however, we have received nothing but lip service from Maruti. The reports of WagonR EV program getting cancelled and statements from Maruti chairman about electrification needing few years to gain prominence, show that Maruti is not willing to walk the talk on electrification. Very sad state of affairs for the consumers.
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Old 1st March 2021, 10:41   #82
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

February Auto Sales : Maruti Suzuki Posts 11.8% Sales Growth

Maruti Suzuki India Ltd. posted total sales of 164,469 units in February led by utility vehicles, compact segment, LCVs and Vans.

This is a growth of 11.8% over the 147,110 units sold in the same month last year.


Domestic passenger vehicle sales rose 8.3% to 144,761 units in February compared to last year.


Mini and compact vehicle segment rose 7.3% to 104,476 units compared to last year. Utility vehicle sales continue to see increased demand as sales grew 18.9% over the last year to 26,884 unit.

The utility vehicle segment, a market which is seeing massive competition as well as a continued wave of demand, sees Maruti Suzuki continue to notch solid growth.
The quintet of the Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 sold 26,884 units, up 19% YoY (February 2020: 22,604), bettering January 2021’s 23,887 units, December 2020’s 25,701 units and November 2020’s 23,753 units.


Has Maruti-Suzuki reached a peak in terms of market share?-marutisalesfeb2021.jpg


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Old 2nd March 2021, 17:55   #83
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Default Re: Has Maruti-Suzuki reached a peak in terms of market share?

With new companies coming in, Maruti certainly has reached a peak in terms of market share?

In villages and lower income groups, its not just Hyundai that is challenging it. Renault comes up with great vehicles and sells at correct price. Take example of Kwid, or Triber. Its just a matter of time that they win trust of large section of Indians and increase production. I remember there used to be huge waiting time when they launched Kwid and many people bought Alto or WagonR just because they wanted the vehicle quickly. They have also made their vehicles available in CSD.

There is already too much competition in compact sedans, sedans, and SUVs..

Further, more an more people are now purchasing luxury cars. And no one in this section buys a Maruti ! But will buy an Audi, Merc, jaguar, even MG
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