Maruti Retains Its supremacy In Shares

The sale volume for Maruti Suzuki in this October has enabled it retain its share of 50 percent in the domestic car market. This comes after a speculative four month period where Maruti had to boggle over its share hold. The SIAM disclosed that out of the net sale of 1,82,993 units passenger cars sold in the domestic market in October this year Maruti scored a sale volume of 9,1754 units indicating 50.14 percent, the increase in this sale is attributed to the hot move of Alto, WagonR, Swift, Ritz, A-Star, Estilo making the consolidated sale of 77,502 units in October alone.

The company sold 118908 units in October which is inclusive of export volume making it the highest ever monthly sale for Maruti- a rise of 39.21 percent against the sale done in the same period of 2009.

Maruti had to face a stiff competition from GM, Ford and Hyundai as it had to lose its ground of share reaching the low 43.62 percent in June last when the sale was 61,589 units from the net sale volume of 141184 units in India. However in the next month Maruti increased its sale to 47.94 percent with selling 76,111 units from the net market sale of 1,58,764 units. It was 48.73 percent in August with the sale reaching to 78,351 units from 16,0794 units in the domestic market.

Maruti received a jolt again in September when it incurred a fall to 47.94 percent amidst more sale volume than the earlier months- 81060 units out of the net sale of 16,9082 units. The performance of October is a repeat of Maruti"s show in this May when it was 51.27 percent with the sale of 76120 units out of 148481 units.