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Sales Of Maruti Suzuki And Hyundai Skid Marginally in February

Maruti Suzuki had sold 164,469 units in February, while Hyundai reported a 14 per cent decline in total sales at 53,159 units

New Delhi: Maruti Suzuki India (MSI), country’s largest car maker, on Tuesday reported a marginal drop in total wholesales at 164,056 units in the month of February.

The company had sold 164,469 units in February 2021, Maruti Suzuki said in a regulatory filing.

Last month, the automaker’s domestic sales slipped 8.46 per cent to 140,035 units, as against 152,983 units in February 2021, it added.

“The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in the domestic market. The company took all possible measures to minimise the impact,” Maruti Suzuki said.

Sales of mini cars, comprising the Alto and S-Presso, declined 17.81 per cent to 19,691 units, as compared to 23,959 in the same month last year.

Similarly, sales in the compact segment, including models such as the Swift, Celerio, Ignis, Baleno, and Dzire, slumped 3.38 per cent to 77,795 units as against 80,517 cars in February 2021.

Sales of mid-sized sedan Ciaz increased to 1,912 units as compared to 1,510 units in February 2021.

Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, declined to 25,360 units as compared to 26,884 vehicles in the year-ago month, MSI said.

Exports jumped over twofold to 24,021 units as against 11,486 units in the corresponding month last year, the company said.

Along with Maruti, Hyundai Motors India too witnessed a dip in its total sales in February 2022.

Hyundai Motor India on Tuesday reported a 14 per cent decline in total sales at 53,159 units in February.

The carmaker had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement.

Domestic sales were down 14.6 per cent to 44,050 units last month as against 51,600 units in February 2021. Exports declined by 10.7 per cent to 9,109 units last month as compared to 10,200 units in the year-ago period, the auto major said.

"As the industry continues to grapple with the semiconductor shortage situation, the company along with its partners is continuously exploring alternatives to ensure customers can take delivery of their most loved Hyundai cars at the earliest," the company added.

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