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Slowdown signs - Maruti Suzuki December sales down by 7pct
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Tuesday, 03 Jan 2012
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The country's largest car maker Maruti Suzuki India's sales declined for the seventh consecutive month with the firm reporting 7.1% fall in December last year to 92,161 units. The company had sold 99,225 units in the same month in the previous year.

Maruti Suzuki India in a statement said that it recorded sales of 77,475 units in the domestic market last month, down 13.4% from 89,469 units in December, 2010. Its exports, however, jumped by 50.5% in December, 2011, to 14,686 units from 9,756 units in the year ago period.

The company said that total passenger vehicles car sales declined by 8.4% to 69,329 units last month from 75,652 units in the same month of 2010.

Sales of the company's mini-segment cars, including the M800, A Star, Alto and WagonR, declined by 15.6% to 38,593 units from 45,733 units in December 2010.

In the compact segment (comprising the Estilo, Swift and Ritz models), MSI witnessed a marginal increase in sales to 20,653 units from 20,557 units in the same month a year ago.

Sales of MSI's DZiRE model, grew by 6.8% to 9,189 units from 8,601 units in the corresponding period a year ago.

In addition, MSI's mid sized sedan SX4's sales increased by 10.8% to 843 units from 761 units in the year-ago month. Luxury sedan Kizashi witnessed sales of 51 units

(Sourced from BS)

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