Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Maruti sales up 16.2% in May
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
June 02, 2008 11:35 IST
Last Updated: June 02, 2008 13:38 IST

Maruti [Get Quote] Suzuki India Ltd on Monday reported a 16.2 per cent increase in total vehicle sales during May at 69,001 units, against 59,400 units in the same month last year.

The company said its domestic sales increased by 14.6 per cent during the month at 64,143 units, against 55,952 units in May last year.

Its M800 model recorded 25.2 per cent increase at 6,830 units in May this year as compared 5,456 units in the same month last year.

The A2 segment comprising Alto, Zen Estillo, Wagon R and Swift registered a combined growth of 14.5 per cent at 44,539 units, against 38,889 units in the same month last year.

In May, the company said Swift recorded its highest ever sales, clocking 10,408 units in May 2008.

The A3 segment comprising SX4 and Swift Dzire recorded 18.7 per cent increase at 5,946 units, compared to 5,009 units in May last year.

Exports during the month stood at 4,858 units as compared to 3,448 units in the same month last year, up 40.9 per cent.

TVS Motor Company [Get Quote] registers 4% growth: Another report from Chennai noted thatTVS Motor Company has registered a four per cent growth in its total two-wheeler sales during May 2008.

"The company reported two-wheeler sales of 1,12,770 units in May 2008 as against 1,08,151 units in the corresponding period of the previous year", a company statement said.

During the month, the company's motorcycle sales posted a 10 per cent growth, recording 54,717 units as against 49,651 units during the same period last year.

The recently launched Apache RTR has reported a 60 per cent growth in this segment over the last year.

On the overseas market, the company has sold 14,071 units of two wheelers in May 2008 as against 9,849 units in the corresponding period over last year, the release said.

The company also planned to introduce two-new scooters shortly and the Fuel Injection variant of Apache RTR is expected to be unveiled during this month, the release added.

The Maruti Saga
© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback