Maruti Suzuki sales drop for the sixth month running
December 1st, 2011 - 1:48 pm ICT by IANSNew Delhi, Dec 1 (IANS) Automobile major Maruti Suzuki reported an 18.5 percent drop in November sales — the sixth straight month of decline. A slump in demand saw only 91,772 vehicles sold in the month, against 112,554 units in November 2010.
Total domestic sales were logged at 82,870 units, a 19.2 percent drop from the 102,503 vehicles in November 2010.
Exports too declined at 8,902 units, an 11.4 percent drop from 10,051 units it sold in the corresponding month of 2010.
Indicating a weakening in consumer demand, the company’s smaller sized vehicles’ sales fell. The mini passenger vehicle segment (Maruti 800, Alto, A-Star and Wagon-R saw sales drop 27.2 percent in November.
The compact segment, which has Swift, Estilo and Ritz models, saw a 3.7 percent fall in sales in the month.
It has not been a good year for Maruti with total sales till November in the current fiscal down 17.8 percent at 681,200 units. Domestic sales during the period fell 16.9 percent, while exports slipped 24.4 percent.
- Auto-industry's mixed results for November sales - Dec 01, 2011
- Maruti Suzuki sales dropped 7 percent in December - Jan 02, 2012
- Maruti Suzuki November sales up 28 percent - Dec 01, 2010
- Maruti Suzuki's January sales up 5.2 percent - Feb 01, 2012
- November car sales zoom (Second Lead) - Dec 01, 2010
- Maruti Suzuki May sales up 1.9 percent - Jun 01, 2011
- Auto makers report good sales figures in November (Lead) - Dec 01, 2010
- Maruti Suzuki's May sales down five percent - Jun 01, 2012
- Maruti Suzuki April sales nudge up 4.4 percent - May 02, 2011
- Maruti Suzuki sales down on labour unrest - Sep 01, 2011
- Interest rates, fuel price hike dampen automobile sector (Roundup) - Jun 01, 2011
- Maruti Suzuki's February sales up 6.5 percent - Mar 01, 2012
- Maruti Suzuki's March sales up 3.3 percent - Apr 02, 2012
- Maruti Suzuki sales grow 14.74 percent at 109,743 units - Feb 01, 2011
- Maruti Suzuki grows 24.8 percent - Apr 01, 2011
Tags: automobile, decline, estilo, good year, maruti suzuki, models, New Delhi, ritz, segment, sized vehicles, slump, suzuki, suzuki sales, swift