Maruti hits a home run in January as others stand and watch

New Delhi: Automobile companies are still having a hard time coming to terms with the economic downturn that has deflated their businesses, even as Maruti Suzuki successfully pulled a rabbit out of its hat and managed to post virtually astonishing sales numbers in an otherwise grim market.

Car market leader Maruti Suzuki India Limited hit a home run of sorts, achieving its highest ever domestic and total sales in January 2009, a month which saw the company sell 67,005 units in the domestic market. That marks a 5.6 per cent increase over the corresponding month during the last fiscal. The previous highest monthly domestic sales were 65,216 units in November 2007. Exports for January 2009 totalled 4774 units.

In all, Maruti Suzuki sold 71,779 vehicles in January 2009, higher by 5.4 per cent over corresponding month last fiscal. The previous highest Total Sales were registered in March 2007 (71,772 units).

Segment Models January Till January April'07 - March'08
2009 2008 % Change 2008-09 2007-08 % Change
A1 M800 5571 5470 1.8% 42878 57455 - 25.4% 69553
C Omni, Versa 7759 8861 - 12.4% 64286 74420 - 13.6% 89729
A2 Alto, Wagon-R, Zen, Swift, A-star 46899 45957 2.0% 405650 413352 - 1.9% 499280
A3 SX4, Esteem,
Dzire
6590 2939 124.2% 59290 39841 48.8% 49335
Total Passenger Cars 66819 63227 5.7% 572104 585068 - 2.2% 707897
MUV Gypsy, Vitara 186 232 - 19.8% 5560 3024 83.9% 3921
Domestic 67005 63459 5.6% 577664 588092 - 1.8% 711818
Export 4774 4648 2.7% 49644 42638 16.4% 53024
Total Sales 71779 68107 5.4% 627308 630730 - 0.5% 764842

Tata Motors too had some cause for cheer, with domestic sales for January 2009 at 35,704 units, the highest in the last three months.

Tata's domestic commercial vehicle sales notched up 17,373 units, the highest level since October 2008, while domestic passenger vehicle sales stood at 18,331 units, the highest since May 2008. The company's total sales (including exports) were 36,931 vehicles, also the highest in the last three months.

In a statement, Tata said that feeble signals of the impact of the financial stimulus announced by the Government were starting to be evident, particularly for the commercial vehicles segement, even though the automobile market continues to be under the grip of a credit squeeze and high interest rates. It said that this was the reason that January 2009 domestic sales were 30 per cent lower than that of January 2008.