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Maruti Sales Decline 1.6% in March

Maruti sales decline 1.6% in March

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Country’s largest car-maker Maruti Suzuki India (MSI) on Wednesday reported a marginal 1.6 % decline in its total sales for March at 1,11,555 units as against 1,13,350 units in the same month a year ago.

The company said its domestic sales increased by 1.4 % during the month to 1,03,719 units as against 1,02,269 units in March 2014.

Sales of mini segment cars, including, Alto and WagonR, rose marginally to 40,159 units as compared to 40,085 units in the year-ago month, MSI said in a statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz, Dzire declined by 12.5 % to 38,710 units in March this year as against 44,251 units last year.

MSI said sales of its compact sedan Dzire Tour rose over two-fold during the month under review at 2,613 units as against 1,271 units in March 2014.

The sales of company’s mid-sized sedan Ciaz, which was launched in October 2014, stood at 4,251 units. The company had sold 411 units of SX4 sedan in March 2014. There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, declined by 4.3 per cent at 6,218 units in March this year from 6,499 units in the corresponding month last year.

Sales of vans - Omni and Eeco - rose by 20.7 % to 11,768 units in March this year as compared to 9,752 units in the same period of previous year. Exports during the month declined by 20.3 % to 7,836 units as compared to 11,081 units in March last year, MSI said.

For the 2014-15 fiscal, the company said it posted hihest ever sales ever at 12,92,415 units, up 11.9 %, from 11,55,041 units in 2013-14. The previous high was in 2010-11, when the company had sold 12,71,005 units.

The company’s domestic sales during the 2014-15 fiscal stood at 11,70,702 units, up 11.1 %, from 10,53,689 units in 2013-14 fiscal.

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