 "Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%")
New Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) on Monday reported a 86.23 percent decline in total sales at 18,539 units in May. The company had last year reported sales of 1,34,641 units during the month.
May #AutoSales | @Maruti_Corp reports total sales of 18,539 units Vs Nomura's expectation of 30,600 units
— CNBC-TV18 (@CNBCTV18Live) June 1, 2020
Domestic sales come in at 13,865 units & exports at 4,651 units pic.twitter.com/OwpE2TPKak
Domestic sales declined by 88.93 percent to 13,888 units last month, as against 1,25,552 units in May 2019. The company exported 4,651 units last month, down 48.82 percent from 9,089 units in May 2019. Click here to follow LIVE news and updates on stock markets The auto major said it has resumed manufacturing operations post lockdown, strictly in accordance with the government regulations and guidelines, from 12 May at its Manesar facility and from May 18 at its Gurugram facility. The production also resumed at Suzuki Motor Gujarat, which manufactures cars on a contract basis for MSI, from 25 May, it added. Likewise, the company said its showrooms have also started opening in accordance with centre and state guidelines in a graded manner across different cities.
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