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Maruti Suzuki Nexa sales cross the 25 lakh unit milestone

The Baleno hatchback has been Nexa’s bestseller with 14.5 lakh units sold.

Maruti Suzuki’s Nexa retail channel has achieved a new milestone with cumulative sales surpassing the 25 lakh unit mark.

According to the data shared by the Society of Indian Automotive Manufacturers (SIAM), cumulative Nexa vehicle dispatches reached 25.8 lakh units at the end of March 2024. In May, this number is estimated to increase to 26.7 lakh units.

Maruti Suzuki launched the premium sales channel in 2015. The S-Cross was the first model sold under this initiative. The 25 lakh unit milestone was achieved in 8 years and 6 months.

Today, Maruti sells 8 models through its Nexa retail channel. These include the Baleno, Ignis, Ciaz, Grand Vitara, Fronx, Jimny, XL6 and Invicto. The Baleno hatchback has been Nexa’s bestseller with 14.5 lakh units sold. It accounts for 56% of all Nexa sales till the end of FY2024. The Ignis ranked second with an 11% share, followed by the Ciaz with a 7% share.

As per the data, Nexa cars accounted for 5.26% of Maruti’s total sales in FY2016, which rose to 19.92% in FY2018. In FY2023, the share of Nexa models increased to 23%. In FY2024, Nexa sales crossed the 5 lakh mark for the first time, a 52% jump YoY and accounting for 32% of Maruti’s wholesales of 17.5 lakh units.

Source: Autocar India

 
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