Friday, April 06, 2012
By Manoj Kumawat
Maruti exports to be in red this fiscal, stressing on Swift Dzire, upcoming Ertiga
India’s largest car maker Maruti has expressed its concern that it may not be able to continue its robust exports this fiscal following the weak global economy. Maruti Suzuki India (MSI) chairman R C Bhargava has reportedly told the press that the exports will more or less remain the same or may face a little dip. Notably, the largest car maker exports Maruti A-Star from India and has plans to export the upcoming MPV Maruti Ertiga from India. Following the weak economic conditions prevailing in the US and Europe, the car maker will not be able to maintain steady exports this time. Now, the car maker banks on the upcoming Ertiga MPV and Maruti XA Alpha SUV to further kick off unprecedented sales.
|See More Maruti Swift Dzire Photos||Get Maruti Swift Dzire Price|
As per the reports, Maruti exported 1.2 lakh units of cars from India which is down close to 8 percent in comparison to the last fiscal year. With slower economic growth experienced in Europe, Latin America, Middle East and South East Asian countries, Maruti cars demand have weakened and thus it could not export the same as it did last fiscal. However, the decline in exports will little effect the overall sales as its diesel cars including Maruti Swift diesel and New Maruti Swift diesel based compact sedan have picked considerable numbers this year leading to decent figures on the sales chart. As per the current trend Maruti expects that it will have 10 percent growth in 2012-13.
|See More Maruti Ertiga Photos||Get Maruti Ertiga Price|
Where petrol car sales such as Maruti SX4 and others have dipped this year as well and the trend will continue this fiscal as well. However there will be an additional demand of 1.5 lakh more diesel cars that could balance the decrease in demand for petrol cars and thus overall Maruti car sales will be in positive. The last fiscal (2011-12) had been weak for Maruti. It may be due to the continuous strike or the overall slowdown in the industry but Maruti had to suffer a decline close to 11 percent with a sale of 11.33 lakh units compared to 12.71 lakh units last fiscal.