Don’t miss the latest developments in business and finance.

Maruti Suzuki India achieves 35 lakh in cumulative sales for Brand Alto

Image
Capital Market
Last Updated : Mar 05 2018 | 11:31 AM IST

Records a stable growth rate of 6% and dominant market share of 33% in 2017-18

Maruti Suzuki India announced that the company has achieved cumulative sales of 35 lakh for Alto. Brand Alto has been the best selling car in India for 14 consecutive years.

Brand Alto has clocked a growth rate of 6 per cent in 2017-18. At the same time, it has garnered a market share of 33 per cent in 2017-18 in its segment. Customers, especially at the entry-level, see Alto as a win-win package of style and affordability. Nearly 44 per cent of Alto sales contribution comes from young customers less than 35 years of age. This contribution has grown by 4 per cent in the past three years.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Mar 05 2018 | 11:09 AM IST

Next Story