Domestic sales grew by 3.5 per cent at 1.25 lakh units against 1.21 lakh units in December 2018 while exports grew by 10.2 per cent at 7,561 units in December 2019 as against 6,859 units in the same month of previous year.
Maruti Suzuki reported a 1.9 per cent decline in last month's sales at 1.5 lakh units. Domestic sales declined by 1.6 per cent to 1.43 lakh units in November as against 1.46 lakh in November 2018.
Maruti Suzuki which largely sells small cars posted a marginal growth of 1.8 percent in passenger cars including Alto, S-Presso, Wagon R, Swift, Celerio, Ignis, Baleno, Dzire and Ciaz.
The country's largest car manufacturer sold 338,317 vehicles during the quarter ending September, lower by 30.2 per cent year-on-year. While sales in the domestic market stood at 312,519 units, lower by 31.4 per cent, exports were at 25,798 units.
The company has taken up community development efforts in 26 villages of Haryana and Gujarat, focused on the areas of water and sanitation, education and community infrastructure.
Some have even reported job losses due to falling sales stemming from a severe liquidity crunch in the non-banking financial sector that has dried up lines of credit to both auto dealers and potential car buyers.
The automobile industry in India is undergoing a crippling slump with nearly all manufacturers reporting a slowdown in sales and job losses due to subdued consumer sentiment amid an economic slowdown.
The commercial vehicle and two-wheeler sales are also significantly negative, indicating that the market has still not responded to various measures initiated by Finance Minister Nirmala Sitharaman last month, said SIAM President Rajan Wadhera.
New Delhi: The new-gen Maruti Suzuki Wagon R is all set for sale in India on January 23. Ahead of the...
New Delhi: Maruti Suzuki has witnessed a marginal drop in total sales for the month of November 2018 in India. The...