Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025

TusharK · 13th May 2024, 11:08

Maruti Suzuki expects its CNG vehicle sales to increase by over 30% in FY2025. The carmaker is hoping to sell around 6 lakh CNG cars this fiscal.

Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025-ertiga-cng01.jpg

Rahul Bharti, Executive Director of Corporate Affairs at Maruti Suzuki India, said, “So CNG, this year, we did about 4,50,000 units in passenger vehicles. We are hoping to do something like 6,00,000 vehicles in FY2024-25.”

According to Bharti, Maruti aims to export about 3 lakh CNG vehicles in this fiscal. “We did about 2,82,000 units in FY2024. Despite the fact that we’ve increased substantially over the usual 1,00,000 units per year that we used to do just about 4 years ago. We wish to take it further in the future years.” He added, “And this year, we should be doing about 3,00,000 units fairly diversified across markets, across products.”

Maruti currently offers CNG variants of the WagonR, Brezza, Dzire and Ertiga. Bharti revealed that the Ertiga CNG has seen huge demand, which has led to supply issues. To address this, Maruti Suzuki has expanded the production capacity at its Manesar plant by around 1 lakh units per annum.

Source: ET Auto

Link to Team-BHP News

Altrozed · 13th May 2024, 17:36

Give the Nexa products a CNG option and Taxi registration, I bet, you'll beat your expectation in half an year. The queues for CNG in front of CNG petrol pumps have surpassed the "Tax Payers" in front of the " Tax Payers Deposit Counters" in Hyderabad.

volkman10 · 17th June 2024, 18:18

Maruti Suzuki Unveils ‘Run On What You Love’ Campaign

https://www.youtube.com/watch?v=SpcY...l=MarutiSuzuki

volkman10 · 5th July 2024, 08:29

CNG vehicle sales soar 33% in first-half 2024 to 550,000 units, cars and SUVs lead the charge.

Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025-9cb5ceb8da3443fc8ddc2f3ff5e37db1_table2cngpvsh12024.jpg

CNG PASSENGER VEHICLES: 242,289 units, up 34% YoY:

Maruti Suzuki CNG share at 66%, Tata Motors well ahead of Hyundai.

With a 44% contribution to overall CNG vehicle sales between January and June 2024, the passenger vehicle industry with 242,289 units and 34% YoY growth has the largest share of the CNG vehicle industry.

PV market leader Maruti Suzuki also held sway over this sub-segment with 278,699 units or 70% of the CNG PV market. The company, which has all of 13 models (Alto K10, Baleno, Brezza, Celerio, Dzire, Eeco, Ertiga, Grand Vitara, S-Presso, Swift, Wagon R, XL6, and the Fronx), understandably, has a vice-like grip on the market.

In the January-June 2024 period, Maruti Suzuki has sold 159,031 units, up 34% (H1 2023: 118,903 units) and 57% of its CY2023’s total. At present, the company has a vice-like 66% share of the CNG PV market. Maruti Suzuki, which completely pulled out of the diesel car market in April 2020, has seen the vacuum being filled by the consumer demand for its CNG models.

Link:

13th May 2024, 11:08	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,638 Thanked: 58,395 Times	Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025 Maruti Suzuki expects its CNG vehicle sales to increase by over 30% in FY2025. The carmaker is hoping to sell around 6 lakh CNG cars this fiscal. Rahul Bharti, Executive Director of Corporate Affairs at Maruti Suzuki India, said, “So CNG, this year, we did about 4,50,000 units in passenger vehicles. We are hoping to do something like 6,00,000 vehicles in FY2024-25.” According to Bharti, Maruti aims to export about 3 lakh CNG vehicles in this fiscal. “We did about 2,82,000 units in FY2024. Despite the fact that we’ve increased substantially over the usual 1,00,000 units per year that we used to do just about 4 years ago. We wish to take it further in the future years.” He added, “And this year, we should be doing about 3,00,000 units fairly diversified across markets, across products.” Maruti currently offers CNG variants of the WagonR, Brezza, Dzire and Ertiga. Bharti revealed that the Ertiga CNG has seen huge demand, which has led to supply issues. To address this, Maruti Suzuki has expanded the production capacity at its Manesar plant by around 1 lakh units per annum. Source: ET Auto Link to Team-BHP News
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13th May 2024, 17:36	#2
Altrozed BANNED Join Date: Jan 2023 Location: Hyderabad Posts: 221 Thanked: 740 Times Infractions: 0/1 (5)	Re: Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025 Give the Nexa products a CNG option and Taxi registration, I bet, you'll beat your expectation in half an year. The queues for CNG in front of CNG petrol pumps have surpassed the "Tax Payers" in front of the " Tax Payers Deposit Counters" in Hyderabad.
	(1) Thanks

5th July 2024, 08:29	#4
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 24,075 Thanked: 71,260 Times View My Garage	Re: Maruti Suzuki expects to sell 6 lakh CNG vehicles in FY2025 CNG vehicle sales soar 33% in first-half 2024 to 550,000 units, cars and SUVs lead the charge. CNG PASSENGER VEHICLES: 242,289 units, up 34% YoY: Maruti Suzuki CNG share at 66%, Tata Motors well ahead of Hyundai. With a 44% contribution to overall CNG vehicle sales between January and June 2024, the passenger vehicle industry with 242,289 units and 34% YoY growth has the largest share of the CNG vehicle industry. PV market leader Maruti Suzuki also held sway over this sub-segment with 278,699 units or 70% of the CNG PV market. The company, which has all of 13 models (Alto K10, Baleno, Brezza, Celerio, Dzire, Eeco, Ertiga, Grand Vitara, S-Presso, Swift, Wagon R, XL6, and the Fronx), understandably, has a vice-like grip on the market. In the January-June 2024 period, Maruti Suzuki has sold 159,031 units, up 34% (H1 2023: 118,903 units) and 57% of its CY2023’s total. At present, the company has a vice-like 66% share of the CNG PV market. Maruti Suzuki, which completely pulled out of the diesel car market in April 2020, has seen the vacuum being filled by the consumer demand for its CNG models. Link:
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