Maruti Suzuki gave double digit growth in Sept 2013

Festival season has started and all the car buyer are running to buy their car. Maruti Suzuki got it right this time. Whether you talk about the entry level car or the MUV's, Maruti have done their bit to motivate customers to buy their car.

With the only company to offer company fitted CNG, Maruti has clearly taken over lower middle class & middle class intelligent customers to go for CNG cars. High mileage given by these CNG cars are a plus to the customers. The per km cost comes to same as riding a 150cc bike & 4 people can comfortably sit in it with AC on.

Falling Indian Rupee helped exports where Maruti got a growth of 180%. The domestic car sales increased by 1.8%. Compact cars gave a growth of 16.9% and super compact of 43%. Maruti Stock went up by 4% yesterday. I am positive about the company even after fuel price increase & slowdown.