Maruti Suzuki October sales up 1.9%

Maruti Suzuki on Friday reported a rise of 1.9% in its October sales which stood at 105,087 units from 103,108 units sold in last year's corresponding month.

Maruti Suzuki on Friday reported a rise of 1.9% in its October sales which stood at 105,087 units from 103,108 units sold in last year's corresponding month.

Exports during the month under review were up 27%, 9,025 units from 7,106 units shipped overseas during the same month of 2012.

Domestic sales were marginally up 0.1% to 96,062 units during the period under review from 96,002 units sold in October 2012.

Mini-car segment that includes M800, Alto, A-Star and WagonR declined by 6.8% at 39,379 units from 42,233 units sold in the same month of 2012.

Sales of compact cars Swift, Estilo and Ritz fell by 1.2% at 22,188 units from 22,459 units during the corresponding month of 2012.

However, the sales of super compact cars segment, including Dzire, shot 19.6% at 17,211 units from 14,389 units sold in October, 2012.

While there was no buyer for luxury sedan Kizashi during the month under review, sales of the mid-sized sedan SX4 plummetted 62.3% to 262 units from 695 units sold in October 2012.

Sale of utility vehicles Gypsy, Grand Vitara and Ertiga also dropped 2.2% to 7,236 units from 7,400 units sold in the corresponding period of last year.

The van segment (Omni and Eeco) increased 11.3% with 9,786 units from a sale of 8,791 units in September 2012.

The company's scrip at the Bombay Stock Exchange was trading 0.14% or 2.30 points up at Rs.1,635 from its previous close of Rs.1,633.70 Thursday.