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FINANCIAL EXPRESS FRONT PAGE

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Saturday, May 8, 1999

Maruti sales surge 30% in April 

PRESS TRUST OF INDIA  
New Delhi, May 7: Bucking the recessionary trend in the auto sector, Maruti Udyog Ltd (MUL) recorded a 30 per cent jump in sales during the first month of the current fiscal, selling 30,372 vehicles as against 23,377 in the same period last year.

According to the data compiled by the company, the growth realisation was mainly due to an impressive 48 per cent increase in sales of its popular Omni model followed by Zen (31 per cent ) and Maruti 800 (25 per cent).The company sold 6668 Omni vans in April this year as compared to 4509 units in the corresponding month last year.

Zen model sales during the review month was 5901 units as against 4504 units in April 1998. However, its mid-size car `Esteem' could register a growth of only 10 per cent during the period.

The sales of Esteem was recorded at 1,241 units and the base model Maruti 800 at 16,500 units in April 1999 as compared to 1131 units and 1,3165 units sold in April last respectively.

Maruti sales were up by 5.75 per cent in 1998-99 at 326,523units as against 345,303 units in the previous fiscal.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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