Maruti Suzuki Cars in India: Sales of SUV cars have increased in India, due to which small cars have had to suffer. The biggest flag bearer of small cars in the country is the auto company Maruti Suzuki. The demand for small cars has been continuously falling since the Corona epidemic. In this segment, Maruti sells Alto K10, Celerio, WagonR and S-Presso. But Maruti will definitely be happy after seeing the figures for October 2024.
There has been an increase in the sales of small cars in October 2024. This has brought a lot of relief to Maruti, which was troubled by the decreasing demand for small cars. Maruti Alto K10S-Presso, WagonR and Celerio are among the cheapest cars of the company. According to media reports, there has been a 10 percent jump in their sales last month.
Maruti cars got lifeline
With the increase in SUV craze, small cars gradually started disappearing from the market. But the rural market came as a lifesaver for Maruti. During October, there was a huge increase in demand for Maruti’s small cars in villages and rural areas. Due to this, sales of Alto K10, S-Presso, WagonR and Celerio increased by about 10 percent.
Demand for small cars in rural market
There has been some sadness in the urban market, but there has been strong demand for small cars from the rural market. There was a decline in sales of small cars in the first quarter, but 10 percent growth has been achieved in October. The market share of small cars is decreasing since the time of Corona, while the share of SUVs is increasing.
Maruti Suzuki’s growth in rural market
SUVs account for almost 50 percent of the cars sold in India. On the other hand, cheap prices are the biggest reason behind the sale of small cars. Last month, Maruti Suzuki has achieved a growth of 31 percent in the rural market. The growth from April to October was estimated at 12 percent. This shows that there is a lot of potential for Maruti in the rural market.
