STOCK MARKET BSE NSE

Maruti Suzuki October sales up 1.9 percent

Published: 01st November 2013 02:37 PM  |   Last Updated: 01st November 2013 02:37 PM   |  A+A-

Gurgaon Maruti Suzuki2PTI

Car sales in India had fallen for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent as the auto industry continued to struggle with demand slump due to the sluggish economy.

By IANS

Maruti Suzuki Friday reported a rise of 1.9 percent in its October sales which stood at 105,087 units from 103,108 units sold in last year's corresponding month.

Exports during the month under review were up 27 percent, 9,025 units from 7,106 units shipped overseas during the same month of 2012.

Domestic sales were marginally up 0.1 percent to 96,062 units during the period under review from 96,002 units sold in October 2012.

Mini-car segment that includes M800, Alto, A-Star and WagonR declined by 6.8 percent at 39,379 units from 42,233 units sold in the same month of 2012.

Sales of compact cars Swift, Estilo and Ritz fell by 1.2 percent at 22,188 units from 22,459 units during the corresponding month of 2012.

However, the sales of super compact cars segment, including Dzire, shot 19.6 percent at 17,211 units from 14,389 units sold in October, 2012.

While there was no buyer for luxury sedan Kizashi during the month under review, sales of the mid-sized sedan SX4 plummetted 62.3 percent to 262 units from 695 units sold in October 2012.

Sale of utility vehicles Gypsy, Grand Vitara and Ertiga also dropped 2.2 percent to 7,236 units from 7,400 units sold in the corresponding period of last year.

The van segment (Omni and Eeco) increased 11.3 percent with 9,786 units from a sale of 8,791 units in September 2012.

The company's scrip at the Bombay Stock Exchange was trading 0.14 percent or 2.30 points up at Rs.1,635 from its previous close of Rs.1,633.70 Thursday.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp