Maruti Suzuki February sales are up 10% year-on-year

India’s largest car maker, Maruti Suzuki India (MSIL), on Wednesday reported 10 percent YoY growth in domestic wholesale sales of 1,47,467 units in February, compared to 1,33,948 units in the same month last year.

“The shortage of electronic components has had little impact on vehicle production, mainly for domestic models. The company has taken all possible measures to minimize the impact,” the company said in a statement.

In the mini (Alto, S-Presso) segment, the company reported year-on-year growth of 11 percent during the month to 21,875 units versus 19,691 units in February 2022.

Its commercial vehicles (such as Brezza, Grand Vitara, XL6) grew 32 percent month-on-year to 33,550 units in the domestic market, compared to 25,360 units in the corresponding month last year.

The compact segment (such as WagonR, Swift, Baleno, Dzire) grew three percent year-on-year to 79,898 units last month, compared to 77,795 units in the same month last year.

Sales of its Eeco van also rose to 11,352 units in February, compared to 9,190 units in the same month of 2022.

However, sales of its midsize sedan Ciaz fell to 792 units last month, compared to 1,912 units in February 2022, according to data shared by MSIL.

The company’s total exports for the month also fell 27 percent year-on-year to 17,207, compared to 24,021 in February 2022.