thanks to sustained exports commitment and demand for new models like the creta and verna hyundai motor is eyeing an output of 450000500000 units for 2020 which is almost 70 of its last years outputmumbai indias top two carmakers maruti suzuki and hyundai motor are working on a plan to take their output this year to 70 of that in 2019 after the apriljune quarter being almost a washoutmaruti suzuki hopes to sell 1 million units in 2020 and is even hoping to take output to as much as 90 for the financial year ending march 2021 as pentup demand continues to drive bookings after easing of lockdown restrictions people in the know said advt thanks to sustained exports commitment and demand for new models like the creta and verna hyundai motor is eyeing an output of 450000500000 units for 2020 which is almost 70 of its last years outputmaruti suzuki has informed vendors to plan for 12513 million units for the current financial year that would be just a 16 decline from fy20 a strong recovery in rural and semiurban areas has encouraged maruti to share its outlook with vendors which it did not do after the march quarter due to uncertainties from the covid19 outbreakmaruti suzuki sold nearly 18500 units in aprilmay the first two months of the current fiscal year this means it needs to maintain a monthly runrate of 128 lakh units to reach the annual volume target shared with vendorsmore than 90 of maruti suzuki outlets have resumed operations and the company has managed to sustain bookings at 85 of precovid levels for several weeks nowan email sent to maruti suzuki did not elicit any response till press time tuesdayhyundai motor has seen strong traction due to a series of new models it launched since the beginning of 2020 the new midsize creta suv has received more than 37000 bookingshyundai motor director of production ganesh mani s told et that the company would aim to touch at least 70 of its previous years output as of now but cautioned that the numbers might change depending on the impact of covid19 on future demand advt we are operating in two shifts already and the demand for our new models has been very good in the marketplace from the production side we are doing all we can to cater to the demand environment under utmost care added manihyundai received permission from the local authorities to continue operating its plant near chennai despite its adjoining areas having a complete lockdownin fy19 maruti suzuki had a monthly domestic sales runrate of 140 lakh units incremental volume from rural areas will be quite critical to achieve its target this year in order to offset the volume contraction in metro citiesin the last fiscal year rural sales accounted for about 39 of the total domestic volumesin addition the company may benefit from the increasing share of compact cars in bookings maruti suzuki had a market share of 787 in the