Maruti January sales fall 10.3%; exports nearly halve

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26 Aug, 2025 12:21

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Moneycontrol Bureau

Maruti Suzuki's January sales fell 10.3 percent year-on-year to 102,416 units, on weak demand in both domestic and export markets.

Local sales for India's largest car maker fell 6.3 percent to 96,569 units while export sales nearly halved to 5,847 units from 11,179 units last year.

On the brighter side, this was a rise of 12.6 percent, compared to December 2013's sales figure of 90.924.

The year-on-year decline comes even as automakers try to put behind 2013, the worst year for the industry in over a decade, and may indicate sales are still some way off from turning around.

Segment-wise data show January sales for "mini" cars such the bestselling Alto and WagonR were off 17 percent (38,565 compared to 46,479) while the compact segment, which has cars like Swift and Ritz grew 1.9 percent, from 24,006 to 24,473.

Sales for the super compact DZire jumped a healthy 12.7 percent from 17,060 to 19.232 while the mid-size SX4 continues to struggle, notching up sales of only 191 cars, down 81 percent from 1,012 last year.

Earlier this week, the automaker posted third-quarter earnings that met analysts' estimates but surprised markets with an announcement that a plant in Gujarat it was supposed to set up would now be developed by a unit entirely owned by its parent company Suzuki.

The announcement sparked an initial selloff in the stock on concerns this may eat into Maruti's margins, apart from leading questions over corporate governance issues.

Also read: Maruti Q3 beats forecast, net up 1.6%; to expand in Gujarat