City
Epaper

Maruti Suzuki's total sales plunges 54% in June

By IANS | Updated: July 1, 2020 14:00 IST

New Delhi, July 1 Automobile major Maruti Suzuki on Wednesday reported a year-on-year decline of 54 per cent ...

Open in App

New Delhi, July 1 Automobile major Maruti Suzuki on Wednesday reported a year-on-year decline of 54 per cent in total sales during June 2020.

Accordingly, the company's total off-take declined to 57,428 units from 1,24,708 units sold during June 2019.

The total sales include 52,300 units off-take in the domestic market and of 839 units to other OEM.

As per a company statement, exports during the period under review fell to 4,289 units from 9,847 units being shipped out in June 2019.

"The sales performance during June 2020 and Q1 FY20-21 should be seen in the context of the ongoing COVID-19 pandemic, lockdowns and restrictions required for safety," the statement said.

"The company remains committed to the health, safety and well-being of all members across the value chain. Production across plants is being progressively increased consistent with maximum efforts to ensure safety and subject to the availability of employees."

According to the company, total sales during first quarter of FY20-21 declined to 76,599 units from 4,02,594 units off-take during the like period of the previous fiscal.

( With inputs from IANS )

Tags: Maruti SuzukiMaruti suzuki india limited
Open in App

Related Stories

NationalMajor Rule Changes Effective February 1, 2025: LPG Price Hike, UPI, and More to Impact Common Man

NationalMaruti Suzuki to Hike Prices Across Various Models from February 1; Check New Rates

BusinessTesla Awaits Clarity on Import Duties Before Potential Investment in India

BusinessMaruti Suzuki India begins export of its Fronx SUV

InternationalMaruti Suzuki launches Invicto starting at Rs 24.79 lakh

Business Realted Stories

BusinessSolitario Blings India this Navratri: Launches 10 new stores and 10 new SIS across India

BusinessGST 2.0 Impact: Notebook Industry Seeks Bold Relief Measures

BusinessHow HDFC Sky Is Making Free Research Recommendations Accessible to Every Investor

BusinessPM Modi to unveil youth-focused schemes worth Rs 62,000 crore tomorrow

BusinessJinkushal Industries' makes muted debut; shares slip to lower circuit after listing