Maruti flags entry-level affordability pressure as CNG order backlog stays high
Maruti Suzuki says price hikes are weighing on entry-level car demand, even as CNG demand continues to outstrip supply. The automaker reports about 1.6 lakh pending orders, record monthly wholesale and retail sales, and plans to expand SUV and EV capacity at Hansalpur.
Maruti Suzuki says entry-level car price hikes are hurting affordability, while CNG demand exceeds supply. Its order book is about 1.6 lakh units, with CNG significant. The automaker posted record monthly wholesale and retail sales and plans SUV and EV capacity expansion at Hansalpur.
Why this matters
The signal follows Maruti Suzuki's July domestic PV sales rising 43.4% to record 196,203 units and total July sales climbing 34% to 241,421, highlighting strong volumes alongside entry-level affordability and CNG supply constraints.
Retail-company signals are accelerating, up 220533% QoQ.