Maruti Suzuki India monthly sales slumped in November and December 2016

Maruti Suzuki India

Maruti Suzuki India faced a decline of 1% in the early morning trade on January 2, 2016. The India’s largest car manufacturer had reported 1 percent decline in total sales in December 2016 compared to same period in 2015.

If you look at the December 2016 figures, the total sales stood at 1,17,908 units. However, the gross sales were 1,19,149 units in December 2015. As you can see, there is a drastic reduction in the sales of vehicles in 2016. We attribute the decline in sales due to the Demonetisation exercise carried out by Prime Minister starting November 8.

The overall domestic sales were pegged at 1,06,414 units, wich is 4.4 percent decline. In December 2015, the sales figure was around 1,11,333 units. In a statement released to the press, the company sources disclosed that the company posted a 20 percent decline in sales for the month of November 2016.

Meanwhile, the sales of Alto and WagonR including mini segment cars declined by 15.3 percent. In December 2015, the sales figure stood tall at 37234 units. However, in December 2016 it was around 31,527 units.

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Anand Narayanaswamy is the editor-in-chief of Netans. He was recognized as a Microsoft Most Valuable Professional (MVP) for 9 years (2002 to 2011) and again as a Microsoft MVP in Surface under Windows and Devices in January 2024. He worked as a Chief Technical Editor with ASPAlliance and was part of ASPInsider program. Anand has published several articles and reviews related to various software and hardware products for various software and technology related websites. He is also active on social media and also participates as an Influencer for various brands. Anand can be reached at admin@netans.com