The auto market ruler of India, Maruti Suzuki India Limited registered 8.8% depreciation in total sales to 80,298 units for the month of June 2011 as against to 88,091 units in the correspondence month last year.
According to a statement issued by Maruti Suzuki India (MSI), the national capital-based firm reported that in the month of June the domestic auto market confronted 3.8% fall in sales to 70,020 units as compared to 72,812 units in June, 2010.
Even the export sales of Maruti Suzuki declined by 32.7% to 10,278 units as compared to 15,279 units for the same period of last year. Also the sales of their bread-and-butter model M800 depreciated by 12.8% to 1,823 units from 2,090 units in June last year, as mentioned in the statement.
On the contrary, 2.4% increment in sales is recorded in A2 segment consisting of models – Alto, WagonR, Estilo, Swift, A-Star and Ritz, where 52,599 units were sold in June in comparison to 51,418 unit sales for the same month in 2010. Whereas, in A3 segment constituting of SX4 and DZiRE a decline in sales is witnessed by 60.4% to 3,199 units from 8,081 units in the corresponding month last year.
Maruti also suffered huge revenue loss plus production loss of around 12,600 units due to 13-day long labor unrest at its Manesar facility from where the major car models are rolled-out like Swift, Dzire and SX4.