Maruti to cross 6.5 lakh car sales this year

Maruti to cross 6.5 lakh car sales this year
PTI
Comment E-mail Print Share
First Published: Thu, Mar 15 2007. 01 14 AM IST
Updated: Thu, Mar 15 2007. 01 14 AM IST
Coimbatore:Maruti Udyog Ltd is expected to sell 6.5 lakh units during this fiscal, maintaining 54% of the market share, said Shashank Srivastava, commercial business head (South). The company sold 6.03 lakh vehicles till February and is expected to cross 6.5 lakh units before March-end, against 5,61,822 sold last year.
The market share in Tamil Nadu, which witnessed 37.5% growth, had increased by 2% to 48% so far this fiscal, which also contributed to its sustained national market share, Srivastava said.
Srivastava, who was here for the inauguration of Maruti Driving School—its first in Tamil Nadu—said, the South logged in higher growth of Maruti sales with a 32% growth, thus registering a 53.4% market share, due to good economic growth in the region. There was an increase in exports to non-EU markets such as Latin America, Indonesia, Egypt and Sri Lanka. On newly rolled out ‘Estilo,´ he said the response was very good, as sales clocked 20,000 units since its launch in November last. R.K. Parimoo, GM (sales support), Delhi, who was also present, said that the companay would open 50 driving schools within this calendar year.
Comment E-mail Print Share
First Published: Thu, Mar 15 2007. 01 14 AM IST