23-April-2024
Corporate News
 
Maruti Suzuki gains from the diesel to petrol shift, here’s how
21-Nov-2020

Despite exiting the diesel engine space earlier this year, Maruti Suzuki has been able to clock 51.1% market share in the Indian passenger vehicle (PV) segment—in October 2020 (retail sales)*. The company attributes this to a strong petrol and CNG PV portfolio. In the April-October 2020 period, Maruti Suzuki’s retail sales share stood at 50.4%. In October 2020, helped by the pent-up demand and festive season sales—as well as a section of commuters shifting from public transport to private vehicles—Maruti Suzuki sold 1,66,825 vehicles in India, including 1,63,656 PVs and 3,169 light commercial vehicles (the Super Carry)—the highest-ever wholesale figures for the company. (The previous highest sales for a month happened in April 2018, when the company sold 1,64,978 units.)

News Source:- https://www.financialexpress.com/auto/industry/maruti-suzuki-gains-from-the-diesel-to-petrol-shift-cng-sales-fiscal-quarter-data/2133292/