Dalal Street Investments

Diwali Shopping lifts Maruti Suzuki Sales

December 3, 2007

Maruti Suzuki India (MSIL)’s domestic sales rose 24% to 65,216 units in November 2007 over November 2006. This is its highest ever monthly domestic sale posted by the company. The growth was propelled by newer models such as Zen Estilo, Swift and SX4 even as older models, including Wagon R and Alto, did well, the company said in a communique issued to Dalal Street reporter. However, the main purpose of this terrific sales was the Holiday shopping by Indians.

The company’s exports jumped 82% to 4,483 units in November 2007 over November 2006.


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