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July 9, 2012

Maruti Suzuki sales rise 20.30 per cent in June

New Delhi - India's largest carmaker Maruti Suzuki has reported an increase of 20.30 per cent to 96,597units in June 2012, according to a company statement.
The company had sold 80,298 units during June of 2011. Its domestic sales rose 19.30 per cent from 70,020 units in June 2011 to 83,531 units in June 2012. The exports from the company roseby an impressive 27.13 per cent to
13,066 units during the month from 10,278 unitsin the same month of the previous year, according to the company. Passenger car ales in the domestic market rose 23.11 per cent to 70,977 units from 57,653 units in the same month of 2011. However, the sales of models including M800, A-Star, Alto and WagonR fell 10.44 per cent to 34,198 units in June 2011 compared to 38,183 units in June, 2011.
On the other hand, the sales in the compact segment including Estilo, Swift and Ritz modelsrose 39.32 per cent to 22,624 units from 16,239 units during the same month of the previous year. The company's new DZiRE recorded an impressive rise in sales to 13,741 units in June from 2,486 units in the same month of the previous year.


Maruti Suzuki Turns To Africa To Boost Gasoline Car Sales

Maruti Suzuki India Ltd. (MSIL), India’s biggest carmaker by volume, plans to boost exports to Africa and South East Asia to utilize gasoline-engined car capacity and to offset higher import costs after the rupee’s fall.

The unit of Suzuki Motor Corp. (7269) aims to sell more gasoline- engined vehicles abroad as Indians shift preference to cars running on diesel and “mitigate exchange risks,” Chief Financial Officer Ajay Seth said in an interview in New Delhi. The automaker will widen its offerings in countries it already exports to and add new markets, Shashank Srivastava, executive officer for product planning and international markets, said.

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