In this May 2024 Maruti Suzuki cars sales analysis article, we’ll look at the car sales of Arena and Nexa. We’ll also compare the YoY and MoM change to find out which Maruti cars sales improved and which ones declined. To justify or express surprise in the trends, we’ll also provide our insights where applicable.
May 2024 — Maruti Suzuki Car Sales Figures – YoY Change
Rank
Model
Body-Type
May 2024
May 2023
Change
%Change
1
Swift
Hatch
19,393
17,346
2,047
11.80
2
Dzire
Sedan
16,061
11,315
4,746
41.94
3
WagonR
Hatch
14,492
16,258
-1,766
-10.86
4
Brezza
SUV
14,186
13,398
788
5.88
5
Ertiga
MPV
13,893
10,528
3,365
31.96
6
Baleno
Hatch
12,842
18,733
-5,891
-31.45
7
Fronx
SUV
12,681
9,863
2,818
28.57
8
Eeco
MPV
10,960
12,818
-1,858
-14.50
9
Gr. Vitara
SUV
9,736
8,877
859
9.68
10
Alto K10
Hatch
7,675
9,368
-1,693
-18.07
11
Celerio
Hatch
3,314
3,216
98
3.05
12
XL6
MPV
3,214
3,577
-363
-10.15
13
S-Presso
SUV
2,227
2,868
-641
-22.35
14
Ignis
Hatch
2,104
4,551
-2,447
-53.77
15
Ciaz
Sedan
730
992
-262
-26.41
16
Jimny
SUV
274
–
–
–
17
Invicto
MPV
193
–
–
–
May 2024 — Maruti Suzuki Car Sales Figures – MoM Change
The table presents the month-over-month (MOM) sales data for various Maruti Suzuki models for May 2024 compared to April 2024, including the change in units sold, percentage change, and trends. This analysis provides key insights into the performance and market dynamics of these models over the past month.
Rank
Model
Body-Type
May 2024
Apr 2024
Change
%Change
1
Swift
Hatch
19,393
4,094
15,299
373.69
2
Dzire
Sedan
16,061
15,825
236
1.49
3
WagonR
Hatch
14,492
17,850
-3,358
-18.81
4
Brezza
SUV
14,186
17,113
-2,927
-17.10
5
Ertiga
MPV
13,893
13,544
349
2.58
6
Baleno
Hatch
12,842
14,049
-1,207
-8.59
7
Fronx
SUV
12,681
14,286
-1,605
-11.23
8
Eeco
MPV
10,960
12,060
-1,100
-9.12
9
Gr. Vitara
SUV
9,736
7,651
2,085
27.25
10
Alto K10
Hatch
7,675
9,043
-1,368
-15.13
11
Celerio
Hatch
3,314
3,220
94
2.92
12
XL6
MPV
3,214
3,509
-295
-8.41
13
S-Presso
SUV
2,227
2,476
-249
-10.06
14
Ignis
Hatch
2,104
1,915
189
9.87
15
Ciaz
Sedan
730
867
-137
-15.80
16
Jimny
SUV
274
257
17
6.61
17
Invicto
MPV
193
193
0
0.00
Performance-Based Insights
Top 3 Performers (May 2024 Sales)
-
Swift (19,393): While the new Swift managed to score top points with a high dispatch figure, the ground reality is different. We had our team members visit various dealerships as walk-in customers and our interaction with the sales team led us to one conclusion: the demand is far weaker than anticipated. All the sales guys we spoke to agreed that the higher price is affecting Swift’s demand. All of them still had the old Swift still in stock and were willing to give discounts. But the discounts varied from one dealer to another; possibly because of the varying number of old stock with the dealership.
-
Dzire (16,061): The Dzire continues to maintain a healthy demand. According to our ground survey, the stock pile up is less significant and not bothersome. The Dzire also isn’t yet carrying big discounts. While some stock is readily available with most dealers we met, if you want a specific engine-transmission-variant-colour combination, then you will have to wait for 2-3 weeks. The Swift, though, is available in all variants and colours at all dealerships our team visited.
-
WagonR (14,492): The WagonR is getting good discounts, and that, perhaps, is helping them move some stock and maintain high production numbers. We didn’t get to speak with the dealers about the WagonR as our team members presented themselves as potential Swift/Dzire buyers.
Top 3 Gainers (YoY % Change)
Where we have nothing to say, we won’t say something just for the sake of it. So, here are the top 3 YoY gainers of May 2024 in the Maruti portfolio:
-
Dzire (+41.94%)
-
Ertiga (+31.96%)
-
Fronx (+28.57%)
Top 3 Losers (YoY % Change)
-
Ignis (-53.77%): A >50% drop in Ignis production may come across a shocker as it is one of the first cars to capitalize on the ‘small SUV’ body style. But it’s likely that this is to avoid piling up stock with the dealerships. According to the Nexa dealerships we spoke with, the Ignis is pretty much readily available across all Nexa outlets.
-
Baleno (-31.45%): According to some sales representatives, many Baleno buyers are choosing the Fronx for its styling and SUV stance. Instead of complaining about the fact that the Fronx is essentially a souped-up Baleno, they’re reportedly glad that it’s a Baleno and that they’re not taking a risk with a new name plate.
-
Ciaz (-26.41%): Given the high margins on SUV-ish cars, Maruti Suzuki probably don’t even have a replacement for the Ciaz in the pipeline. We should expect the Ciaz to fade into nothingness in the next few months.
Top 3 Gainers (MoM % Change)
-
Swift (+373.69%)
-
Gr. Vitara (+27.25%)
-
Ignis (+9.87%)
Top 3 Losers (MoM % Change)
-
WagonR (-18.81%)
-
Brezza (-17.10%)
-
Ciaz (-15.80%)
Since MoM change doesn’t mean much, we’ll leave it without any comments.
Body-Type Based
YoY, Maruti Suzuki’s SUVs continue to gain ground aggressively at the cost of hatchbacks. No wonder the Alto doesn’t show up in the top 10 cars in the recent months. It’s not very profitable. So, Maruti Suzuki priced it a bit too high. The high price of the Alto leads consumers to either jump to a more expensive car or pay up and buy the Alto. Either way, Maruti Suzuki win.
The sedans in Maruti Suzuki’s portfolio also showed some progress because of some help from the Dzire.
Maruti Suzuki — 6-Month Sales Trend (Dec 2023 – May 2024)
Model
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
6M Avg
WagonR
8,578
17,756
19,412
16,368
17,850
14,492
15,743
Dzire
14,012
16,773
15,837
15,894
15,825
16,061
15,734
Baleno
10,669
19,630
17,517
15,588
14,049
12,842
15,049
Brezza
12,844
15,303
15,765
14,614
17,113
14,186
14,971
Ertiga
12,975
14,632
15,519
14,888
13,544
13,893
14,242
Swift
11,843
15,370
13,165
15,728
4,094
19,393
13,266
Fronx
9,692
13,643
14,168
12,531
14,286
12,681
12,834
Eeco
10,034
12,019
12,147
12,019
12,060
10,960
11,540
Gr. Vitara
6,988
13,438
11,002
11,232
7,651
9,736
10,008
Alto K10
2,497
12,395
11,723
9,332
9,043
7,675
8,778
XL6
2,226
4,363
4,093
4,505
3,509
3,214
3,652
Celerio
247
4,406
3,586
3,478
3,220
3,314
3,042
S-Presso
60
3,454
3,059
2,497
2,476
2,227
2,296
Ignis
392
2,598
2,110
2,788
1,915
2,104
1,985
Ciaz
489
363
481
590
867
730
587
Invicto
502
496
366
348
193
193
350
Jimny
730
163
322
318
257
274
344
Disclaimer: This post was written by our guest author (V3Cars). Any views expressed in this article are of the author and do not necessarily represent those of Autopunditz.com. The data presented in this article is the property of Autopunditz.com.
