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.
