Categories: Automotive Industry

Maruti Suzuki Production Rises 26% YoY in September 2024

Maruti Suzuki Production Rises 26% YoY in September 2024

September Production Jump Highlights

Maruti Suzuki India Limited (MSIL), the country’s largest car maker, reported a 26% year-on-year rise in production for September 2024, with output totaling 201,915 vehicles. The surge underscores how strong domestic demand and strategic production planning helped the company expand manufacturing capacity to meet demand.

Model-wise Breakdown

Alto and S‑Presso

The Alto and S‑Presso subcompact lineup contributed significantly, with 12,318 units produced in September 2024, up from 12,155 in the same month last year. This steady growth reflects robust demand for affordable city cars as buyers continue to prioritize fuel efficiency and value.

Baleno, Celerio, Dzire and Swift

Production of the Baleno, Celerio, Dzire and Swift rose to 93,301 units in September, up from 68,413 a year earlier, signaling strong demand for MSIL’s core hatchback and compact sedan lineup. The combined output of these four models highlights the automaker’s reliance on a diversified portfolio to sustain momentum in a competitive market.

What’s Driving the Jump

The growth in September’s production aligns with India’s recovering auto market and MSIL’s strategy to expand output to fulfill demand. As the country’s largest carmaker, MSIL has typically ramped up capacity to ensure timely deliveries and to defend market share amid ongoing supply-chain challenges and higher input costs. The September data suggests the company was able to translate rising demand into higher production volume, particularly for popular small cars and hatchbacks.

Outlook

With consumer demand showing resilience and ongoing updates to the model lineup, MSIL may maintain elevated production levels in the near term. However, continued improvements in supply-chain efficiency and component availability will be crucial to sustaining growth. The September 2024 numbers reflect a robust phase for the automaker as it works to meet the needs of India’s broad and growing car-buying audience.