Maruti Udyog Limited, is expected to sell 6.5 lakh units during this fiscal and maintained 54 per cent market share, a senior company official said on Wednesday.
The company has sold 6.03 lakh vehicle till February and would easily cross 6.5 lakh units before the end of March this year, as against 5,61,822 sold last fiscal.
Maruti was able to sustain its national market share at around 54 per cent so far during this fiscal, Shashank Srivastava, commercial Business Head (south) told reproters, in an informal chat.
The market share in Tamil Nadu, which witnessed 37.5 per cent growth, had increased by two per cent to 48 per cent, so far this fiscal, which also contributed to sustain its national market share, Srivastava said.
Srivastava, in Coimbatore connection for the inauguration of the Maruti Driving School, first in Tamil Nadu, said with 32 per cent growth, South logged in higher growth of Maruti sales, registering 53.4 per cent market share, due to good economic growth in the region.
There was a big jump in exports to non-EU market, like Latin America, Indonesia, Egypt, Sri Lanka, totally around 50,000 units.
On newly rolled out 'Estilo,' he said the response was very good, as sales clocked 20,000 units since its launch in November last.
R K Parimoo, GM (sales support), Delhi, who was also present, said that the companay would open 50 driving schools within this calendar year.
The Maruti Saga
