47441 Investors following Maruti Suzuki. Share this News with them.
0
Like this story, share it with millions of investors on M3
Maruti sees 11% sales fall in FY12
The carmaker's sales are down 14.5% so far this financial year. Maruti, 54.2% owned by Japan's Suzuki Motor Corp <7269.T>, said earlier on Wednesday that its sales in January rose 5.2%, the first monthly increase since May, as it recovered from production-crippling labour unrest last summer.
Maruti Suzuki, India's top carmaker, expects sales volumes to be 11% lower in the financial year that ends in March, compared with the previous year, Managing Executive Officer Mayank Pareek said on Wednesday.
The carmaker's sales are down 14.5% so far this financial year, he added.
Maruti, 54.2% owned by Japan's Suzuki Motor Corp <7269.T>, said earlier on Wednesday that its sales in January rose 5.2%, the first monthly increase since May, as it recovered from production-crippling labour unrest last summer.
