1 day ago
Maruti Suzuki’s SUV Growth Reaches 167% as Capacity Expands
Maruti Suzuki is selling many more SUVs than before.
SUV growth rose to 167% in July and August.
SUVs now make up nearly one-third of the company’s vehicle sales mix.
The Brezza, Grand Vitara and Victoris are especially popular.
The updated Brezza has about 50,000 bookings and a two-month wait.
Many buyers are choosing CNG versions, which have longer waiting periods.
Maruti Suzuki is increasing production at plants in Gujarat and Kharkhoda.
However, the company still has about 1.8 lakh bookings waiting to be fulfilled.
Maruti Suzuki’s SUV growth accelerated to 167% in July-August, up from 144% in the first quarter.
SUVs now represent 32% of Maruti Suzuki’s overall vehicle portfolio.
Brezza, Grand Vitara and Victoris are driving demand, with the Brezza facelift receiving about 50,000 bookings.
CNG versions of the Brezza, Grand Vitara and Victoris have longer waiting periods than other powertrains.
Maruti Suzuki is expanding production in Gujarat and Kharkhoda while reporting about 1.8 lakh pending bookings.
- Who
- Maruti Suzuki, including senior executive officer Partho Banerjee.
- What
- The company’s SUV growth accelerated to 167%, while it expands production to meet demand.
- Where
- Production capacity is being expanded at recently commissioned lines in Gujarat and Kharkhoda.
- When
- SUV growth reached 167% in July-August, compared with 144% in the first quarter.
- Why
- Demand for SUVs and several other vehicle segments is strong, but production capacity has been limiting sales.
Key facts
- SUV growth
- 167% in July-August, compared with 144% in the first quarter
- SUV portfolio share
- 32% of Maruti Suzuki’s overall portfolio
- Brezza facelift bookings
- About 50,000
- Brezza facelift waiting period
- Two months
- Pending bookings
- Around 1.8 lakh across powertrains
- Network inventory
- 16 days
- Monthly production
- About 1.8 lakh units, compared with 2 lakh units the previous month
Quotes
Partho Banerjee
Senior executive officer for marketing and sales at Maruti Suzuki
“We can do more however there are capacity constraints. It is mainly the right product mix and right price that is being offered. We are having a play in all segments and we think are offering right products at the right pricing.”
financialexpress.com
“Our SUV Q1 growth was 144% and in July-August this year it’s 167%. Plant ramp up is in process and we are making more vehicles and increasing our share in SUV segment.”
financialexpress.com








