India's largest car manufacturer Maruti Suzuki India has reported 27.4 per cent dip in car sales during the month of November this year. While the company had sold 64,885 units in the corresponding month last year, it sold 47,103 units during November, 2008.
Total vehicle sales during the month were also down by 24.4 per cent at 52,711 units compared to 69,699 units in the corresponding month last year.
Sale of compact cars, comprising Alto, Zen Estilo, Wagon R, Swift and A-Star,was also hit as the company witnessed a 26.6 per cent decline in this segment.While the company sold 34,976 units in the reporting month, it had sold 47,641 units in November last year.
The sedans - SX4 and Dzire however bucked the trend as the sales in this segment grew by 40.3 per cent at 5,975 units compared to 4,260 units last year.
While exports for the company grew grew by 11.7 per cent at 5,007 units from 4,483 units last year, the domestic sales were down by 26.9 per cent.
Domestic sales for November, 2008 stood at 47,704 units compared to 65,216 units in the corresponding month last year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
