5 months ago
19
12th June 2024, 10:57
Senior - BHPian
Join Date: Jul 2017
Location: Pune
Posts: 6,434
Thanked: 57,007 Times
Maruti Suzuki Nexa income transverse the 25 lakh portion milestone
Maruti Suzuki’s Nexa retail transmission has achieved a caller milestone with cumulative income surpassing the 25 lakh portion mark.
According to the information shared by the Society of Indian Automotive Manufacturers (SIAM), cumulative Nexa conveyance dispatches reached 25.8 lakh units astatine the extremity of March 2024. In May, this fig is estimated to summation to 26.7 lakh units.
Maruti Suzuki launched the premium income transmission successful 2015. The S-Cross was the archetypal exemplary sold nether this initiative. The 25 lakh portion milestone was achieved successful 8 years and 6 months.
Today, Maruti sells 8 models done its Nexa retail channel. These see the Baleno, Ignis, Ciaz, Grand Vitara, Fronx, Jimny, XL6 and Invicto. The Baleno hatchback has been Nexa’s bestseller with 14.5 lakh units sold. It accounts for 56% of each Nexa income till the extremity of FY2024. The Ignis ranked 2nd with an 11% share, followed by the Ciaz with a 7% share.
As per the data, Nexa cars accounted for 5.26% of Maruti’s full income successful FY2016, which roseate to 19.92% successful FY2018. In FY2023, the stock of Nexa models accrued to 23%. In FY2024, Nexa income crossed the 5 lakh people for the archetypal time, a 52% leap YoY and accounting for 32% of Maruti’s wholesales of 17.5 lakh units.
Source: Autocar India
Last edited by TusharK : 12th June 2024 astatine 11:00.
