Business & Economy

Maruti Suzuki's Alto becomes world's largest selling car

NetIndian News Network

New Delhi, April 19, 2011

Car manufacturuer Maruti Suzuki today said its Alto, the best selling small car in India, has become the top selling car in the world, leaving behind other compact models such as Volkswagen Gold in Germany, Fiat Uno and Volkswagen Gol in Brazil.

A press release from the company said that, during calendar year 2010, Alto sold 3,00, 956 units, whereas VWGol sold 2,93,738 units and Gold sold 2,51,078 units.

This is the first time when any Indian car model has outsold global best sellers, the release said.

According to the release, Alto, which was launched in September 2000, has been a big success story from day one. It has sold cumulative 16.68 lakh units till now. Since financial year 2005-06, Alto has been the number one selling car model in India.

Alto crossed its first 1 million sales mark in just eight years, in November 2008, making it the fastest 1 million units selling car of India.

"Today, Alto along with another sibling called Alto K10 launched in August 2010, sells average 32,000 units a month. In March this year, it sold over 38,000 units. During just concluded fiscal 2010-11, Alto alone has sold around 3.47 lakh units. This is over 1/4th of Maruti Suzuki’s total sales of 12.71 lakh units from all models during the fiscal. It also reflects a growth of 47 per cent in Alto’s sales compared to 2.35 lakh units sold during fiscal 2009-10," Mr Shashank Srivastava, Chief General Manager (Marketing), Maruti Suzuki India Limited, said.

The Alto was the first car to cross the 5 lakh domestic sales figure (in 6 years). The next 5 lakh unit sales came in 2 years and two months. It crossed the 1 miilion production mark in February 2008.

It was the first car brand to cross the 2 lakh sales figure (domestic sales) in a single financial year - an achievement it has made twice, in FY 2006-07 and FY 2007-08. It was the fastest to sell 1 lakh cars – in 150 days.

NNN

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