Economy

Maruti Suzuki November 2017 sales grow by 15% - 145300 cars sold

Maruti Suzuki November 2017 sales grow by 15% - 145300 cars sold”

This segment includes Swift, Ritz, Celerio, Ignis, Baleno, Dzire, Tour S. It registered sales of 65,447 units as against 49,431 uits, which is a 32.4% increase YoY. Exports in November grew marginally to 9,300 units as compared with 9,225 units in the same month a year ago, MSI said.

Maruti Suzuki India rose 0.60% to Rs 8,653.50 at 11:15 IST on BSE after the company said its total sales rose 14.1% to 1.54 lakh units in November 2017 over November 2016.

The growth was largely driven by domestic sales that grew by 15 percent year-on-year to 1.45 lakh units in month gone by. Sales in Domestic market, however, was much better with the company's registering a 13 per cent growth with 12,734 units in November 2017, against the 11,309 units sold during the same month past year.

It posted 13 percent growth when compared to the same period past year.

Maruti CelerioX Launched In India Launch Price Specifications Mileage & Images

The mid-size and mini segment of vehicles fell in volumes by 26.2% and 1.8% respectively in November 2017 as compared to the corresponding month of previous year. In addition, the company exported 1,284 units of the Etios series.

Commenting on the monthly sales, N. Raja, Director & Sr. With maximum utilisation of Plant 1 and maintaining lean inventory, we are trying to reduce the waiting period of Innova and Fortuner for our customers. This positive growth reflects the confidence customers have on Toyota products delivering the best quality, comfort, safety to customers.

Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza increased by 34% to 23,072 units in November, from 17,215 units in the same month of 2016.



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