Maruti Suzuki has posted a 4.99% decline in May sales for 2012. The leading Indian carmaker in its release has stated that it sold a total of 98,884 cars in May 2012 as compared to the 1,04,073 units it had sold in May 2011.
Maruti Suzuki’s May sales decline reflects the current market sentiment as buyers have been discouraged by the increasing taxes, fuel prices and car prices. Maruti Suzuki’s domestic sales have come down by 4.32 per cent while exports saw a sharper decline of 10.88 per cent.
In a segment wise break up of sales, Maruti Suzuki’s small cars were the ones to face most damage. The carmaker said its small cars posted a massive 29.03% decline. Maruti Suzuki sold just 29,895 units of the Alto, Maruti 800, A-star and Wagon R as against the 42,125 units it had sold in May 2011.
The compact car segment which consists of the Swift, Ritz and Zen Estilo saw a sales increase of 14.66 per cent after the carmaker sold 24,290 units this May. Maruti had sold 21,185 cars in this segment in the previous May.
Maruti’s most recent car, the Ertiga MPV has boosted the carmaker’s utility vehicle sales to 7,734 units. The Ertiga has had a magic run in showrooms and it already has a waiting period close to six months for some variants.
Maruti Suzuki’s sub compact sedan Swift DZire continued to impress with a 63.77 per cent increase in sales at 17,707 units. The DZire’s sales in May 2011 was 10,812 units. Maruti’s other sedan, the SX4 continued its down ward slip with a 85% decline in sales. It managed to garner just 405 sales from the previous May’s 2,702 units. Maruti Suzuki also said sales of the Kizashi premium sedan fell by 76% to just 12 units.