Tuesday, March 1, 2011

Maruti Suzuki sales up 16% in February

NEW DELHI: The country's largest car-maker Maruti Suzuki India on Tuesday reported a 15.51 percent jump in sales during February, 2011, to 1,11,645 units.

Sales in the same month last year stood at 96,650 units, Maruti Suzuki India (MSI) said in a statement.

The national capital-based company also reported a 19.79 per cent increase in domestic sales during February to 1,01,543 units from 84,765 units in February, 2010.

MSI's exports, however, fell by 15 percent to 10,102 units from 11,885 units in the year-ago period, the company said.

Sales of the company's once bread-and-butter M800 model declined by 14.66 percent to 2,712 units in the month under review, compared to 3,178 units in February, 2010, the statement said.

In the A2 segment -- comprising Maruti's Alto, WagonR, Estilo, Swift, A-Star and Ritz models -- the company witnessed 19.39 percent growth in sales to 72,090 units from 60,380 units in the same month a year ago.

A3 segment sales -- consisting of the SX4 and DZiRE models -- increased by 27.01 percent to 13,024 units from to 10,254 units in the corresponding period a year ago, the company said.

MSI's total passenger car sales rose by 19.02 percent to 87,851 units in February from 73,812 units in the same month of 2010, it added. 

Anima Sinha
PGDM 2nd sem

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