Maruti's car sales grow 26.9% in August as sector picks up
01 September 2014
India's largest passenger car manufacturer Maruti Suzuki India Ltd Monday reported a healthy sales growth of 26.9 per cent in total sales, including exports, for August at 110,776 units. The company had sold 87,323 units in August 2013.
Corroborating the trend of a pick-up in the auto sector over recent months - this was the third consequent month of strong growth for Maruti Suzuki - with its mainstay compact car sales driving the growth.
The company's domestic sales zoomed by 29.3 per cent to 98,304 units during the month as compared to 76,018 units sold in the corresponding month of last year.
Maruti Suzuki exported 12,472 units last month, which was an increase of 10.3 per cent from 11,305 units sold overseas during the corresponding month of 2013.
Sales in the passenger cars segment, which comprise brands like Alto, WagonR, Swift, Ritz, Dzire, Celerio and SX4, were higher by 30.4 per cent at 82,823 units, from sales of 63,499 units in the corresponding month of 2013.
The off-take of utility vehicles like the Gypsy, Grand Vitara and Ertiga was up by 20.3 per cent at 5,491 units from 4,563 units in August 2013.
Sales in van segment that includes brands like Omni and Eeco rocketed by 25.6 per cent at 9,990 units from 7,956 units in the corresponding month of 2013.