InvestorQ : How did the auto sales numbers for Maruti look like in July 2022?
Dilmini Mercia made post

How did the auto sales numbers for Maruti look like in July 2022?

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Dawn Cherian answered.
2 weeks ago
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The auto sales numbers were reported by the Society of Indian Automoblie Manufacturers on the first of August. These are wholesale numbers measuring dispatches by the producer to the wholesaler. Based on these numbers, Maruti Suzuki reported 8.28% higher sales at 175,916 units in the month of July 2022. Domestic passenger vehicle sales were up by 6.82% at 142,850 units for the month of July. Exports continued to remain robust even in the midst of the supply chain constraints pressuring the industry.

The microchip shortage has been largely overcome so the impact of the chip shortage was not as actue in the current quarter as it was in the previous quarters. In terms of sub-segments, the entry level mini cars comprising of the Alto and S-Presso grew 3.3% yoy at 20,333 units. At the same time, the compact cars like Baleno, Celerio, Dzire, Ignis and Swift grew at a healthy clip of 20.7% to 84,818 units. The disappointment came from the sales of utility vehicles which fell sharply by 28% to 23,272 units for the month of July 2022.

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