Suzuki Motor Gujarat (SMG), a 100% subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has completed construction of the Plant C in Gujarat and started production from April 2021.
Suzuki established SMG in March 2014, aiming to secure production ability in preparation for the automobile market growth in India, as well as for expansion of exports from India. Its Plant A started operating in February 2017, and the Plant B and Powertrain Plant in January 2019. In October 2020, SMG became the fastest production site of Suzuki to achieve accumulated automobile production of 1 million units.
With production starting at the Plant C, which has an annual production ability of 2,50,000 units, together with Plant A and Plant B, the total ability of SMG will be 750,000 units. Together with Maruti Suzuki India s production ability of 1.5 million units, Suzuki s production ability of automobiles in India will be 2.25 million units. All automobiles that will be pro
VE Commercial Vehicles, an unlisted subsidiary of Eicher Motors, sold 7037 vehicles in March 2021 compared with 1499 vehicles sold in March 2020.
Total domestic sales were at 6054 units in March 2021 as against 1409 units sold in March 2020.
The company exported 816 vehicles during the month compared with 67 vehicles exported in the same period last year.
Total Volvo Trucks & Buses sales stood at 167 units in March 2021 as against 23 units in March 2020.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden s AB Volvo - Volvo Eicher Commercial Vehicles which operates in India s commercial vehicle space.
The car major s total sales surged 99.31% to 1,67,014 units in March 2021 as against 83,792 units March 2020.
Sequentially, the company s total auto sales rose 1.54% in March 2021 as against 1,64,469 units sold in February 2021.
Total domestic sales (PV+LCV) jumped 94.23% to 1,49,518 units while total export sales surged 146.11% to 11,597 units in March 2021 over March 2020.
Total domestic sales (domestic+OEM) grew 96.53% to 1,55,417 units in March 2021 over 79,080 units in March 2020. MSIL domestic sales in FY19-20 had fallen by 18% due to reasons that are well known and in FY 20-21 have been impacted due to COVID related factors. Domestic Sales in March 2020 had dropped about 48% due to COVID related disruptions. It will be seen that domestic sales in March 2021 have only recovered to March 2019 levels, the car major highlighted in its statement.
Maruti Suzuki India achieved total sales of 167,014 units in month of March 2021 compared to 83,792 units in March 2020.
Domestic sales (Domestic + OEM) stood at 155,417 units and exports were at 11,597 units in March 2021.
For the financial year 2021, the Company posted a total sales of 1,457,861 units, which is 6.7% lower than FY 2019-20.
Total sales in the year include domestic sales of 1,323,396 units, sales to other OEMs of 38,326 units and exports of 96,139 units.
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