In the financial year 2023-24, Maruti Suzuki achieved its highest-ever total sales, reaching 2,135,323 units. This includes domestic sales of 1,793,644 units and exports totaling 283,067 units.
After Russia invaded Ukraine in 2022, the imposition of sanctions on the country meant direct exports of British-made luxury vehicles fell to zero. However, Sky News analysis shows hundreds of millions of pounds worth of luxury cars are being sold to Russia through neighbouring countries. Notably, Azerbaijan on Russia's southern border, where Britain recorded an unprecedented increase in car exports.
New research led by Oxford University has found that exported used vehicles generate more emissions per mile than those that are scrapped or on the road in Great Britain.
Red Sea Auto Export: Electric carmaker Tesla has to shut down its factory near Berlin from Monday to Feb. 11 because of shipment delays. The Chinese-owned Swedish car brand Volvo idled its assembly line in Ghent, Belgium, where it makes station wagons and SUVs, for three days this month while waiting for a key part for transmissions. Production at a Suzuki Motor Corp. plant in Hungary stopped for a week because of a delay in getting engines and other parts from Japan.
Car Sales: Prior to the February 2022 invasion, Chinese cars accounted for less than 10% of the Russian market. In August this year, Chinese brands share of sales peaked at almost 56%, data from analytical agency Autostat and its partner consulting company PPK showed.