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Maruti Suzuki Registers Explosive January Growth — Sales Up By 27 Percent
Maruti Suzuki India registered an overall growth of 27.1% in January 2017 as the effects of demonization start to clear up.
India's leading passenger vehicle manufacturer Maruti Suzuki has witnessed a sharp increase in sales in the month of January 2017.
Maruti witnessed an increase in Year-over-Year (YoY) sales of 27.1 percent in the month of January 2017 compared to the same month last year.
The carmaker sold 144396 vehicles in January 2017 compared to the 113606 units sold during the same time last year.
In the domestic market, Maruti-Suzuki sold a total of 133934 vehicles in January 2017, which amounted to an increase of 25 percent in sales number YoY compared to the previous year. In January 2016, the carmaker sold a total of 106383 vehicles in India.
In the Mini segment in which Maruti sells the Alto and the WagonR, the carmaker experienced a growth of 10.9 percent selling 37,928 units in 2017 compared to 34,206 the previous January.
The Compact segment which includes the Swift, Ritz, Baleno, Celerio, Dzire and the newly launched Ignis saw Maruti grow by 25.2 percent from 44,575 units in Jan 2016 to 55,817 in the first month of 2017.
The Super Compact segment was the only area in which Maruti suffered last month compared to January 2016 reporting a drop in sales of 15.3 percent with the Dzire Tour reporting a decline of 544 units sold with just 3,001 cars getting sold in Jan 2017.
The Mid-Size sedan segment saw Maruti sell 20 percent more units of the Ciaz sedan. In 2016, Maruti sold 5,431 units of the Ciaz sedan which competes with the likes of the Honda City. In 2017, 6,530 Maruti Suzuki Ciaz sedans were sold.
The utility vehicles segment (S-Cross, Vitara Brezza, Ertiga and Gypsy) saw an explosion of growth for Maruti with the brand growing by 101 percent compared to the previous year thanks mainly to the presence of the Vitara Brezza. Maruti sold 16,313 utility vehicles in Jan 2017 more than double 2016's sales figure of 8,114 units.
The van segment also saw an increase in numbers with Maruti selling more than 3,600 extra units of the Eeco and Omni in 2017.
Exports also shot up by 44.8 percent with 10,462 vehicles shipped out of the country last month. In comparison, January 2016 saw Maruti shipping out just 7,223 units.
Most Viewed Car Photo Gallery
Maruti's sales figures bounced back in January after a downcast December and are expected to go to even greater heights in February thanks to the Ignis which was launched last month. Click on the photo gallery below to view more images of the new Ignis.
