Maruti sales in February 2007

The country's automobile leader, Maruti Udyog Limited posted domestic sales of 59,095 vehicles in February 2007, a growth of 61.6 percent over the corresponding month last year. During the month, the company exported 3,904 units taking the total sales in February 2007 to 62,999 units.

The company's total sales in February 2006 were 41,095 vehicles, including export of 4,487 units.

During the month, Maruti's volume in the domestic A2 segment grew by 79.6 per cent and in the C Segment by 97.8 per cent compared to sales in February 2006.

In evaluating the company's sales growth during February 2007, the following may be taken into account:

Low Base Effect: During February 2006, sales were generally restricted in anticipation of excise duty reduction on cars in the Union Budget for 2006-07. This reflected in a low domestic sales volume of 36,608 units for February 2006. In March 2006, Maruti's domestic sales shot up to 61,141 units.

For that reason, a comparison of two month sales (February plus March) for 2006 and 2007 would give a more accurate picture of the growth performance.