In this October 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 opinions where applicable. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Maruti cars.
October 2024 — Maruti Suzuki Car Sales Figures - YoY Change
Rank | Model | Segment | Oct 2024 | Oct 2023 | Change | %Change |
1 | Ertiga | C1 | 18,785 | 14,209 | 4,576 | 32.2% |
2 | Swift | B1 | 17,539 | 20,598 | -3,059 | -14.85% |
3 | Brezza | B2 | 16,565 | 16,050 | 515 | 3.21% |
4 | Fronx | B2 | 16,419 | 11,357 | 5,062 | 44.57% |
5 | Baleno | B2 | 16,082 | 16,594 | -512 | -3.09% |
6 | Grand Vitara | C1 | 14,083 | 10,834 | 3,249 | 29.99% |
7 | WagonR | B1 | 13,922 | 22,080 | -8,158 | -36.95% |
8 | Dzire | B2 | 12,698 | 14,699 | -2,001 | -13.61% |
9 | Eeco | A | 11,653 | 12,975 | -1,322 | -10.19% |
10 | Alto K10 | A | 8,548 | 11,200 | -2,652 | -23.68% |
11 | XL6 | C2 | 3,285 | 4,367 | -1,082 | -24.78% |
12 | Celerio | A | 3,044 | 4,317 | -1,273 | -29.49% |
13 | Ignis | B1 | 2,663 | 2,374 | 289 | 12.17% |
14 | S-Presso | A | 2,139 | 3,368 | -1,229 | -36.49% |
15 | Jimny | B2 | 1,211 | 1,852 | -641 | -34.61% |
16 | Ciaz | C2 | 659 | 695 | -36 | -5.18% |
17 | Invicto | D1 | 296 | 478 | -182 | -38.08% |
October 2024 — Maruti Suzuki Car Sales Figures - MoM Change
The following table presents the month-over-month (MOM) sales data of Maruti Suzuki Nexa and Arena models for October 2024 compared to September 2024, including the change in units sold, percentage change and trends.
Rank | Model | Segment | Oct 2024 | Sep 2024 | Change | %Change |
1 | Ertiga | C1 | 18,785 | 17,441 | 1,344 | 7.71% |
2 | Swift | B1 | 17,539 | 16,241 | 1,298 | 7.99% |
3 | Brezza | B2 | 16,565 | 15,322 | 1,243 | 8.11% |
4 | Fronx | B2 | 16,419 | 13,874 | 2,545 | 18.34% |
5 | Baleno | B2 | 16,082 | 14,292 | 1,790 | 12.52% |
6 | Grand Vitara | C1 | 14,083 | 10,267 | 3,816 | 37.17% |
7 | WagonR | B1 | 13,922 | 13,339 | 583 | 4.37% |
8 | Dzire | B2 | 12,698 | 10,853 | 1,845 | 17% |
9 | Eeco | A | 11,653 | 11,908 | -255 | -2.14% |
10 | Alto K10 | A | 8,548 | 8,655 | -107 | -1.24% |
11 | XL6 | C2 | 3,285 | 3,734 | -449 | -12.02% |
12 | Celerio | A | 3,044 | 3,241 | -197 | -6.08% |
13 | Ignis | 2,663 | 2,514 | 149 | 5.93% | |
14 | S-Presso | A | 2,139 | 1,708 | 431 | 25.23% |
15 | Jimny | B2 | 1,211 | 599 | 612 | 102.17% |
16 | Ciaz | C2 | 659 | 662 | -3 | -0.45% |
17 | Invicto | D1 | 296 | 312 | -16 | -5.13% |
Performance-Based Insights
Top 3 Performers (October 2024 Sales)
Ertiga (18,785)
Swift (17,539): In the festive month, the offers on Swift stretched further and now stand at almost Rs. 70,000. Maruti Suzuki are adamant about maintaining high production numbers of the Swift. If the natural demand isn’t there, then they’re willing to offer deeper and deeper discounts to justify setting up the production capacity of the Swift. With the demand easing off, it’ll be interesting to see how far Maruti Suzuki are willing to go before deciding to give it a well-deserved formal price correction or cutting down the production and restricting the supply to manage pricing.
Brezza (16,565)
Top 3 Gainers (YoY % Change)
Here are the top 3 YoY gainers of October 2024 in the Maruti portfolio:
Fronx (+44.57%): In the festive season, the Fronx managed to demonstrate substantial improvement in dispatch figures. Unless the dealers manage to get rid of the stock in a timely manner, we can expect to see better year-end discounts. If you haven’t paid the booking amount yet, then it's certainly better to wait it out for the December discounts.
Ertiga (+32.20%)
Grand VItara (+29.99%): The Vitara too witnessed greater dispatches to the dealers but if this was done just to satisfy the shareholders, then this stock is going to pile up and we will begin to see the impact in December. The greater the discounts towards the end of the year, the greater the trouble they’ll have to go through for the deeds in October 2024.
Top 3 Losers (YoY % Change)
Invicto (-38.08%): Given that the Invicto is a high-price, low-volume car, it’s natural to see big fluctuations in its monthly dispatches.
WagonR (-36.95%): Reading too much into the 37% YoY drop in WagonR’s production numbers is sheer stupidity. The WagonR’s 2023 October number was around 22,000. That’s a huge number to benchmark against in 2024. But surely, the October 2024 number of almost 14,000 is also not too big. This is the comfort zone of the WagonR and if it’s hovering around its comfort zone, then it means that the car isn’t pulling a lot of weight. It’s just about holding on.
S-Presso (-36.49%): On the other side of the price spectrum, the Spresso has also found its rhythm. With the typical numbers in the low 4 figures, even nominal change in dispatches tends to affect its performance in terms of YoY percentage change.
Top 3 Gainers (MoM % Change)
Jimny (+102.17%)
Grand VItara (+37.17%)
S-Presso (+25.23%)
Top 3 Losers (MoM % Change)
XL6 (-12.02%)
Invicto (-5.13%)
Eeco (-2.14%)
Since MoM change doesn’t mean much, we’ll leave it without any comments.
Body-Type Based
In the footsteps of the global and domestic trend, Maruti Suzuki continued to witness a shift in demand towards SUVs and MPVs while the sedans and hatchbacks witnessed a drop in sales for the carmaker.
Maruti Suzuki — 6-Month Sales Trend (May 2024 - Oct 2024)
Model | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | 6M Avg |
Ertiga | 13,893 | 15,902 | 15,701 | 18,580 | 17,441 | 18,785 | 16,717 |
Swift | 19,393 | 16,422 | 16,854 | 12,844 | 16,241 | 17,539 | 16,549 |
Brezza | 14,186 | 13,172 | 14,676 | 19,190 | 15,322 | 16,565 | 15,519 |
WagonR | 14,492 | 13,790 | 16,191 | 16,450 | 13,339 | 13,922 | 14,697 |
Baleno | 12,842 | 14,895 | 9,309 | 12,485 | 14,292 | 16,082 | 13,318 |
Fronx | 12,681 | 9,688 | 10,925 | 12,387 | 13,874 | 16,419 | 12,662 |
Dzire | 16,061 | 13,421 | 11,647 | 10,627 | 10,853 | 12,698 | 12,551 |
Eeco | 10,960 | 10,771 | 11,916 | 10,985 | 11,908 | 11,653 | 11,366 |
Grand Vitara | 9,736 | 9,679 | 9,397 | 9,021 | 10,267 | 14,083 | 10,364 |
Alto K10 | 7,675 | 7,775 | 7,353 | 8,546 | 8,655 | 8,548 | 8,092 |
XL6 | 3,214 | 3,323 | 2,923 | 2,740 | 3,734 | 3,285 | 3,203 |
Celerio | 3,314 | 2,985 | 2,465 | 3,181 | 3,241 | 3,044 | 3,038 |
Ignis | 2,104 | 2,536 | 2,216 | 2,464 | 2,514 | 2,663 | 2,416 |
S-Presso | 2,227 | 1,620 | 2,607 | 2,102 | 1,708 | 2,139 | 2,067 |
Jimny | 274 | 481 | 2,429 | 592 | 599 | 1,211 | 931 |
Ciaz | 730 | 572 | 603 | 707 | 662 | 659 | 656 |
Invicto | 193 | 128 | 251 | 174 | 312 | 296 | 226 |
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.