Maruti dominates sales of Suzuki!

Maruti dominates sales of Suzuki!

Maruti Suzuki has managed to post higher sales compared to parent company Suzuki in 2008.

Market sources say that Maruti managed to sell 697,850 units last year compared to 679,215 units for Suzuki Motor Corporation.

Maruti in fact had less sales in 2008 compared to the previous year.

Suzuki suffered due to the global slowdown in the automobile market. Indian market has been relatively better placed.

R C Bhargava, chairman, MSIL spoke about the company’s performance: “The Indian market is far from being saturated when compared to the Japanese market. In addition, the recession in Japan hasn’t helped sales at all. It has been a difficult year for us too, with not much of a revival expected in the upcoming months also.”

He added: “There wasn’t much of growth in January (2009), while February and March won’t post high growth either as there was a surge in sales last year due to the excise duty cut. Growth in the coming quarters will be mild but we are going ahead with our planned launch of Ritz”