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June 2024 Maruti Suzuki Car Sales Analysis – YoY, MoM Change, 6-Month Trend

Updated: Jul 18

In this June 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 support the trends, we’ll also provide our insights where applicable.

June 2024 — Maruti Suzuki Car Sales Figures - YoY Change

Once again, Swift holds on to the top spot in the Maruti portfolio, but in June 2024, it barely got past the Creta (16,293). Moreover, the overall top selling tag now goes to the Punch (18,238) with a healthy lead over the Creta and Swift. The good news for Maruti is that unlike other carmakers, they are not betting everything on one horse. Even the Ertiga performed well in June 2024 factory dispatches.

Moreover, they have 7 cars with a 5-figure dispatch figure in June 2024 while Hyundai and Mahindra have one and Tata have two. The fact that among these 7 cars, they have only 1 SUV speaks volumes about their ability to maintain consistent performance even though they’re not riding high on the SUV tide.

Rank

Model

Body-Type

Jun 2024

Jun 2023

Change

%Change

1

Swift

Hatch

16,422

15,955

467

2.93

2

Ertiga

MPV

15,902

8,422

7,480

88.82

3

Baleno

Hatch

14,895

14,077

818

5.81

4

WagonR

Hatch

13,790

17,481

-3,691

-21.11

5

Dzire

Sedan

13,421

9,322

4,099

43.97

6

Brezza

SUV

13,172

10,578

2,594

24.52

7

Eeco

MPV

10,771

9,354

1,417

15.15

8

Fronx

SUV

9,688

7,991

1,697

21.24

9

Grand Vitara

SUV

9,679

10,486

-807

-7.70

10

Alto K10

Hatch

7,775

11,323

-3,548

-31.33

11

XL6

MPV

3,323

2,856

467

16.35

12

Celerio

Hatch

2,985

3,399

-414

-12.18

13

Ignis

Hatch

2,536

4,237

-1,701

-40.15

14

S-Presso

SUV

1,620

2,731

-1,111

-40.68

15

Ciaz

Sedan

572

1,744

-1,172

-67.20

16

Jimny

SUV

481

3,071

-2,590

-84.33

17

Invicto

MPV

128

-

-

-

June 2024 — Maruti Suzuki Car Sales Figures - MoM Change

The following table presents the month-over-month (MOM) sales data of various Maruti Suzuki models for June 2024 compared to May 2024, including the change in units sold, percentage change and trends:

Rank

Model

Body-Type

Jun 2024

May 2024

Change

%Change

1

Swift

Hatch

16,422

19,393

-2,971

-15.32

2

Ertiga

MPV

15,902

13,893

2,009

14.46

3

Baleno

Hatch

14,895

12,842

2,053

15.99

4

WagonR

Hatch

13,790

14,492

-702

-4.84

5

Dzire

Sedan

13,421

16,061

-2,640

-16.44

6

Brezza

SUV

13,172

14,186

-1,014

-7.15

7

Eeco

MPV

10,771

10,960

-189

-1.72

8

Fronx

SUV

9,688

12,681

-2,993

-23.60

9

Grand Vitara

SUV

9,679

9,736

-57

-0.59

10

Alto K10

Hatch

7,775

7,675

100

1.30

11

XL6

MPV

3,323

3,214

109

3.39

12

Celerio

Hatch

2,985

3,314

-329

-9.93

13

Ignis

Hatch

2,536

2,104

432

20.53

14

S-Presso

SUV

1,620

2,227

-607

-27.26

15

Ciaz

Sedan

572

730

-158

-21.64

16

Jimny

SUV

481

274

207

75.55

17

Invicto

MPV

128

193

-65

-33.68

Performance-Based Insights

Top 3 Performers (June 2024 Sales)

  1. Swift (16,422)

  2. Ertiga (15,902)

  3. Baleno (14,492)

Top 3 Gainers (YoY % Change)

The list of YoY gainers is completely shocking for the following 3 reasons:

  1. Ertiga (+88.82%): Ertiga posted a crazy 89% growth, which is difficult to understand for a car, which relies heavily on fleet sales. Fleet demand isn’t as volatile passenger car demand.

  2. Dzire (+43.97%): Dzire is posting a 44% jump even though it’s nearing its end of life and waiting for a generation change.

  3. Brezza (+24.52%): Brezza is recording a substantial gain of almost 25% despite the introduction of the well-priced, well-equipped 3XO. The Nexon and Venue, both witnessed a YoY drop in their June 2024 factory dispatches. Meanwhile, Maruti are introducing special editions of the Brezza for the first time since the current generation went on sale. Special editions are usually reserved as backup ammo, to be used when the sales start showing signs of dwindling.

Something is not adding up.

Top 3 Losers (YoY % Change)

The dropping numbers of the S-Presso are difficult to understand as Maruti played their cards right with this micro crossover. Together with the drop in Alto sales, it looks like Maruti are looking to focus on high-price-high-margin cars like the Vitara, Ertiga and Invicto.

Speaking of high-price-high-margin cars, Jimny witnessed a drop of 84% in its YoY dispatches. The greed to go with high margins worked handsomely with the Fronx, which costs substantially more than the Baleno for the additional equipment it offers. But that overconfidence backfired with the Jimny pricing. The Jimny came at a time when you could buy the diesel Thar 1.5L RWD and get far superior torque, efficiency and road presence for a much lower price. The Jimny just wasn’t a match for the Thar’s dominance.

While Maruti Suzuki have cut down the Jimny’s production drastically since December 2023, even with 3-digit sales figures, the demand is just not there. Back in December, Maruti brought an offer of Rs. 2.0 lakh on the Jimny. Although, some dealers were offering a discount of about Rs. 3.0 lakh at the time. Now, the discounts are back and the Jimny is once again available with Rs. 2.80 lakh discounts.

This time, the Rs. 2.80 lakh offers are straight from Maruti. So, there’s still room for some negotiation with the dealer and get discounts closer to Rs. 3.5 lakh or may be even higher. The big discounts to compensate for poor product-market-fit had made potential customers wary of buying the car as it may go down even further in price. Moreover, there’s the risk of product discontinuation, which is always seen as a big negative from the consumer POV.

God bless Jimny. God bless Maruti Suzuki.

  1. Jimny (-84.33%)

  2. S-Presso (-40.68%)

  3. Alto K10 (-31.33%)

Top 3 Gainers (MoM % Change)

  1. Jimny (+75.55%)

  2. Ignis (+20.53%)

  3. Baleno (+15.99%)

Top 3 Losers (MoM % Change)

  1. Invicto (-33.68%)

  2. S-Presso (-27.26%)

  3. Fronx (-23.60%)

Since MoM change doesn’t mean much, we’ll leave it without any comments.

Body-Type Based

Maruti Suzuki — 6-Month Sales Trend (Jan 2024 - June 2024)

Model

Jan 2024

Feb 2024

Mar 2024

Apr 2024

May 2024

Jun 2024

6M Avg

WagonR

17,756

19,412

16,368

17,850

14,492

13,790

16,611

Baleno

19,630

17,517

15,588

14,049

12,842

14,895

15,754

Dzire

16,773

15,837

15,894

15,825

16,061

13,421

15,635

Brezza

15,303

15,765

14,614

17,113

14,186

13,172

15,026

Ertiga

14,632

15,519

14,888

13,544

13,893

15,902

14,730

Swift

15,370

13,165

15,728

4,094

19,393

16,422

14,029

Fronx

13,643

14,168

12,531

14,286

12,681

9,688

12,833

Eeco

12,019

12,147

12,019

12,060

10,960

10,771

11,663

Grand Vitara

13,438

11,002

11,232

7,651

9,736

9,679

10,456

Alto K10

12,395

11,723

9,332

9,043

7,675

7,775

9,657

XL6

4,363

4,093

4,505

3,509

3,214

3,323

3,835

Celerio

4,406

3,586

3,478

3,220

3,314

2,985

3,498

S-Presso

3,454

3,059

2,497

2,476

2,227

1,620

2,556

Ignis

2,598

2,110

2,788

1,915

2,104

2,536

2,342

Ciaz

363

481

590

867

730

572

601

Jimny

163

322

318

257

274

481

303

Invicto

496

366

348

193

193

128

287

Disclaimer: This post was written by our guest author (V3Cars). Any views expressed in this article are those of the author and do not necessarily represent those of Autopunditz.com. The data presented in this article is the property of Autopunditz.com.


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