Maruti Suzuki operating with 10 days of stock, only 3 days available at dealerships
Maruti Suzuki began 2026 with record January sales, strong export growth and rising bookings, even as dealer inventory remained tight, with most network stock in transit and limited physical vehicle availability at showrooms.
Maruti Suzuki India Limited (MSIL) is currently operating with a tightly held channel inventory, with the company reporting around 10 days of total network stock across its sales system. However, a significant portion of this inventory is not physically present at dealerships. According to the company, six to seven days’ worth of vehicles are in transit between manufacturing plants and retail outlets. This effectively leaves around three days of physical stock available at dealer locations.
The company highlighted the distinction between total network inventory and on-ground dealer stock, noting that a large share of vehicles is within the logistics pipeline. MSIL stated it is aligning production across models with booking trends in order to manage supplies and deliveries. The inventory position comes at a time when the company is handling elevated booking volumes and sustained dispatch activity in both domestic and export markets.
In January 2026, Maruti Suzuki posted its highest-ever monthly wholesale volume, dispatching 2,36,962 vehicles, reflecting an 11.6 per cent year-on-year increase. Domestic wholesales stood at 1,78,300 units, marking the highest-ever January domestic volume for the company.
Exports were a major growth driver during the month. MSIL exported 51,020 vehicles in January 2026, compared with 27,100 units in January 2025, representing growth of over 88 per cent. This was also the highest-ever monthly export volume recorded by the company.
Booking momentum remained strong. The company reported nearly 25 per cent growth in bookings in January 2026 compared to the same month last year. Pending bookings stood at around 1.75 lakh units, which MSIL said is higher than the usual one-month booking level.
To address supply timelines and commodity cost pressures, Maruti Suzuki introduced a price protection scheme for customers booking vehicles during the period, stating that these customers would not face price increases on their booked vehicles.
Overall, January combined record monthly volumes, strong export growth, high booking levels and a lean dealer inventory position across Maruti Suzuki’s network.
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Maruti Suzuki India Limited (MSIL) is currently operating with a tightly held channel inventory, with the company reporting around 10 days of total network stock across its sales system. However, a significant portion of this inventory is not physically present at dealerships. According to the company, six to seven days’ worth of vehicles are in transit between manufacturing plants and retail outlets. This effectively leaves around three days of physical stock available at dealer locations.
The company highlighted the distinction between total network inventory and on-ground dealer stock, noting that a large share of vehicles is within the logistics pipeline. MSIL stated it is aligning production across models with booking trends in order to manage supplies and deliveries. The inventory position comes at a time when the company is handling elevated booking volumes and sustained dispatch activity in both domestic and export markets.
In January 2026, Maruti Suzuki posted its highest-ever monthly wholesale volume, dispatching 2,36,962 vehicles, reflecting an 11.6 per cent year-on-year increase. Domestic wholesales stood at 1,78,300 units, marking the highest-ever January domestic volume for the company.
Exports were a major growth driver during the month. MSIL exported 51,020 vehicles in January 2026, compared with 27,100 units in January 2025, representing growth of over 88 per cent. This was also the highest-ever monthly export volume recorded by the company.
Booking momentum remained strong. The company reported nearly 25 per cent growth in bookings in January 2026 compared to the same month last year. Pending bookings stood at around 1.75 lakh units, which MSIL said is higher than the usual one-month booking level.
To address supply timelines and commodity cost pressures, Maruti Suzuki introduced a price protection scheme for customers booking vehicles during the period, stating that these customers would not face price increases on their booked vehicles.
Overall, January combined record monthly volumes, strong export growth, high booking levels and a lean dealer inventory position across Maruti Suzuki’s network.
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