India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a 4.4 percent decline in total sales for December which stood at 90,924 units due to a fall in exports.
The company sold 95,145 units in December 2012.
There was a sharp drop in the company's exports. Maruti Suzuki exported just 4,311 units last month, which was 67 percent less than 13,072 units sold overseas during the corresponding month of 2012.
However, the company's domestic sale increased by 5.5 percent to 86,613 units during the month under review as compared to 82,073 units sold in December, 2012.
Sales in passenger cars segment, which comprises of brands like M800, Alto, A-Star, WagonR, Swift, Estilo, Ritz, Dzire, SX4 and Kizashi, inched higher by 6.4 percent at 73,155 units from an off-take of 68,729 in the corresponding month of 2012.
The off-take of utility vehicles like Gypsy, Grand, Vitara and Ertiga slumped by 5.5 percent at 5,146 percent from sales of 5,447 units in December, 2012.
Sales in van segment that includes vehicles like Omni and Eeco, gained 5.3 percent to 8,312 units from an off-take of 7,897 units in the corresponding month of 2012.
The Maruti scrip at the Bombay Stock Exchange (BSE) closed marginally higher by 0.35 points or 0.02 percent higher at Rs.1,763.35 from Tuesday's close of Rs.1,763.
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
