Economy

Maruti January sales up 4.8 pc at 151351 units

Maruti January sales up 4.8 pc at 151351 units”

The country's largest passenger auto manufacturer Maruti Suzuki India sold a total of 151,351 units in January 2018, growing 4.8% over the same period last fiscal. The total number of sales includes 140,600 units in the domestic market and 10,751 units of exports. Having sold a total of 1,443,641 units in FY2017, the company could be in line for the 1.5 million sales mark this fiscal. Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza increased by 26.8 per cent to 20,693 units in January, from 16,313 units in the same month of 2017. The compact segment though witnessing a lower step up of 21.6 percent has garnered higher volumes of 67868 units.

The entry level duo of the Alto and Wagon R hatchbacks sold a total of 33,316 units last month, down 12.2 percent, indicating demand is shifting to other company models. The Ciaz mid-sized sedan also underperformed with a 22.48% slump to 5,062 units, owing to the removal of benefits on the hybrid variant under the goods and services tax (GST) regime. Sales of vans - Omni and Eeco - declined by 13.6 per cent to 12,250 units last month as against 14,179 units in the year-ago period.

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However, mini cars sales (Alto, WagonR) degrew by 12.2 percent and vans segment (Omni, Eeco) registered a 13.6 percent fall in January compared to same month past year.



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