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Performance Review: Maruti Suzuki

Performance Review: Maruti Suzuki
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First Published: Thu, Sep 04 2008. 11 30 AM IST

Updated: Thu, Sep 04 2008. 11 30 AM IST
The automobile sector registered a mixed performance in August 2008. The two-wheeler segment continued to take advantage of a low base and posted better y-o-y numbers, while the four-wheeler segment continued its lacklustre performance and clocked low volumes.
Maruti Suzuki posted 9.2% y-o-y decline in total volumes to 59,908 units in August 2008. Exports also clocked a subdued 1% growth to 5,795 units (5,739).
On the domestic front, the company reported 10.2% y-o-y decline in sales to 54,113 vehicles (60,229). The drag came in the dominant A2 segment, which registered a y-o-y decline of 9.7% to 37,667 units (41,736).
Combined sales of Omni and Versa showed a decrease of 17.1% y-o-y to 6,540 units (7,889). The A1 segment continued to be sluggish with sales of 3,717 vehicles, a decline of 32.2%.
However, the A3 segment clocked a good sales growth of 12.2% y-o-y to 5,427 vehicles on the back of the success of SX4 and Dezire.
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First Published: Thu, Sep 04 2008. 11 30 AM IST
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