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.



Like this

Latest


01 December 2017
Las Vegas Sands Corp. (LVS)- Stocks worth Investment with Performance Assessment
This particular stock's 5-day moving average is 67.85, its 20-day moving average is 66.77 and its 100-day moving average is 63.20. In the most updated research from a number of analysts on Wall Street, the company gets 12 Buys and 0 Sell among 17 analysts.

01 December 2017
Lobster found with Pepsi logo 'tattooed' on its claw
As it takes centuries to break down, it is being brought back into our food chain as it is eaten by marine creatures. A lobster fisherwoman in Canada said she found an image of a Pepsi can "tattooed" on a lobster's claw.

01 December 2017
ZPG (ZPLA) Receives Buy Rating from Liberum Capital
UBS set a GBX 220 ($2.95) target price on Barclays and gave the stock a buy rating in a research report on Monday, November 6th. The Company's segments include the UK, Australia & New Zealand, Established Markets and Developing Markets.

01 December 2017
New England Patriots: Tom Brady wins AFC Offensive Player of the Month
This is certainly a well-deserved accolade for Brady, as he has been nothing short of excellent for the Patriots all season. As the Patriots took down the Broncos, Raiders, and Dolphins in November, Tom Brady was unstoppable.

01 December 2017
KeyCorp Analysts Give Ulta Beauty (ULTA) a $270.00 Price Target
The Delaware-based Ashford Capital Management Incorporated has invested 0.12% in Ulta Beauty Inc (NASDAQ: ULTA ). Castleark Mgmt Ltd Liability holds 1.01% of its portfolio in Ulta Beauty Inc (NASDAQ: ULTA ) for 107,173 shares.

01 December 2017
Insiders Have Increased Positions in: SeaWorld Entertainment, Inc. (NYSE:SEAS)
SeaWorld Entertainment, Inc. on 9/29/2017 reported its EPS as $-0.14 with the analysts projecting the EPS of the stock as $-0.11. Over the course of the past year SEAS has set a 52-week high of $20.13 while the corresponding low set was $10.42.

01 December 2017
Hina Khan Big Boss Controversy
Some of them who continuously follow Bigg Boss are tweeting against Hina Khan and telling her its not the right way to behave. After nominating them this week, contestants gave their names as the worst performers of the luxury budget task.

01 December 2017
Toyota to Build Multi-Purpose Hydrogen Plant in California
Toyota has been earning kudos for the development of its hydrogen fuel cell-powered semi truck. The project will produce enough hydrogen to fuel about 1,500 fuel-cell vehicles a day.

01 December 2017
Russell hands Maple Leafs winner in 6-4 victory over Oilers
Edmonton knotted it up again three minutes into the third as Russell scored on a blast from the point. Power-play opportunities_Toronto 0 of 2; Calgary 0 of 3.

01 December 2017
Salman Khan calls casting couch "most disgusting thing"
We have seldom seen him enact intimate scenes. "Like today, in spite of being ill, I am here because I had committed", Khan said. Dressed in a dark grey suit, Salman said that although he is 52, he is still as enthusiastic as he was when he was younger.



Recommended