Friday, 1 April 2011

Maruti Suzuki India sales jump 25% in 2010-11

The country’s largest car manufacturer Maruti Suzuki India has reported a 28.2 per cent jump in total sales to 1,21,952 units during March this year from 95,123 units in the same month last year.

For the entire 2010-11 financial year, the company’s sales soared by 24.81 per cent to 12,71,005 units from 10,18,365 units in the previous fiscal, Maruti Suzuki India said in a statement today.

During March 2011, the company reported an increase of 38.85 per cent in domestic sales to 1,10,424 units from 79,530 units in March 2010. Exports, however, fell by 26.07 per cent to 11,528 units from 15,593 units.

Sales of the company’s once bread-and-butter model M800 rose 5.54 per cent to 2,915 units from 2,762 units, the statement said.

The A2 segment (comprising Alto, WagonR, Estilo, Swift, A-Star and Ritz) witnessed 43.27 per cent growth in sales to 78,460 units during March this year from 54,762 units in the same month a year ago. A3 segment sales (consisting of SX4 and DZiRE) increased by 33.07 per cent to 13,910 units from 10,453 units.

Last month, the company sold 103 units of its Kizashi luxury sedan, which was launched in February.

Total passenger car sales rose 40.32 per cent to 95,388 units in March 2011 from 67,978 units in the same month in 2010.

During the 2010-11 fiscal, Maruti’s domestic sales increased by 30.08 per cent to 11,32,739 from 8,70,790 units in the previous fiscal, the company said.

Exports during the fiscal, however, declined by 6.31 per cent to 1,38,266 units from 1,47,575 units in 2009-10. Total passenger car sales stood at 9,66,447 units (7,65,533 units), up 26.24 per cent.

(Source from: businessline)

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