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The leading automobile manufacturer in India, Maruti Suzuki has experienced a good increment of 5.2% in its January sales figure after a continuous decline in last eight months. The beneficial increase is occurred due to rise in demand for brand’s amazing hatchbacks and even slight rise in exports.
Maruti Suzuki India Ltd progressed with 5.2% in January sales with 115,433 unit sales from last year’s count of 109,743 units. The growth is experienced after May 2011 as the company sales diminished in last few months, standing flat at 101,047 units as against to 100,422 in 2010. However, Maruti managed to confront some progress in exports that rose 54% to 14,386 units.
Country’s largest automobile manufacturer by sales, Maruti Suzuki growth emerged in January with 22% hike in sales of its popular hatchback models – Swift, Estilo and Ritz.
Entire Indian auto industry experienced a setback in sales since June 2011 due to various market conditions such as hike in petrol prices, increased interest rates, rise in inflation etc. The complete pressure showed decline in auto sales and after petrol prices rose, the demand for diesel cars also raised. But with new diesel cars from different auto brands, slowly the market is gripping the figures.
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- Maruti Suzuki Posted 5% Drop in May Sales Figure
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