India’s leading car maker Maruti Suzuki India has recorded 60.1 per cent growth in car sales in domestic market in November this year on a rebound of national economy earlier than economists’ expectations.
The company’s total car sales in the domestic market surged to 76,359 units in November this year as compared to 47,704 units in the comparable month last year. Total exports has been recorded at 11,448 units in the month under consideration.
November 2008 was exceptionally low sales month, due to impact of economic slowdown since the month was in the midst of worst ever meltdown, the company said in a BSE filing.
As compared to November 2007 (65216 units), Maruti Suzuki’s domestic sales grew 17.1 per cent. Similarly, for the 8-month period of the current financial year between April - November 2009, the company recorded sales growth of 18.9 per cent from the same period of 2007.
