Maruti Drags on India Car Sales Posting Slowest Gain in 4 Months

  • India passenger-vehicle sales rose 2.7% in June, group says
  • Maruti lost output after fire at components supplier

India’s passenger-vehicle sales in June expanded at their slowest pace in four months after the local unit of Suzuki Motor Corp. lost production following a fire at one of its parts suppliers.

Deliveries of passenger vehicles including sport utility vehicles and vans rose 2.7 percent to 223,454 units, the Society of Indian Automobile Manufacturers said Monday in New Delhi. Sales climbed 6.7 percent to 697,154 vehicles in the April-June quarter.

Maruti Suzuki India Ltd., the country’s biggest maker of cars by volume, lost output at its two factories after a fire in May at air-conditioning systems maker Subros Ltd. disrupted supplies. While that led to a drop in sales for the Suzuki unit, Hyundai Motor Co. and Mahindra & Mahindra Ltd. posted gains as they attracted buyers for their new compact SUVs.

Sales climbed 7.5 percent to 17,068 vehicles for Mahindra and 9.7 percent to 39,086 units for Hyundai. 

Deliveries declined 10 percent to 92,133 units for Maruti, according to the association. The company said it resumed production on June 13.

Before it's here, it's on the Bloomberg Terminal.