MANESAR (Commodity Online): Maruti Suzuki India Limited (MSIL) (BSE: MARUTI : 532500, NSE: MARUTI) domestic sales dips 13.4% to 77,475 units in December 2011.
According to Company, the fall in sales of the units on lower production due to maintenance shut down of its plant.
This drop is for the straight seventh month in a row in 2011.
In 2011, the company had faced lot of troubles, from production due to strike to sales dip on high fuel price and inflation.
The sales compact segment and utility vehicle and van segments fell, while hatch back and sedan series rose.
"Our retail sales are doing very good, though wholesales were lower. We could have done even better volumes in Swift, Dzire and Ritz if we had more diesel engines available as the waiting is still quite high," Shashank Srivastava, Chief General Manager for Marketing , MSIL, reported Business Line.
On BSE, MSI traded up 1.82% at Rs 936.80 on 2nd January.
