Maruti Suzuki Alto cars to be exported out of India are parked in a holding area at Adani Ports and Special Economic Zone (APSEZ) in Mundra, some 400 kms from Ahmedabad. The country's largest car-maker Maruti Suzuki India from Japan's Suzuki Motor Corp declared recently that domestic sales declined around 14 percent in May, while exports fell 27.1 percent. Adani Ports and Special Economic Zone Limited (APSEZ) is India's largest private port and special economic zone.
New Delhi: The country's largest car-maker Maruti Suzuki India today reported 14.4 percent decline in total sales in May this year at 84,677 units.
The company had posted a total sales of 98,884 units in the corresponding month last year
Maruti Suzuki India (MSI) managing director and CEO, Kenichi Ayukawa (C) gestures during a visit with Japanese chairman and chief executive of Suzuki Motor Corporation, Osamu Suzuki (unseen) at the Maruti Suzuki Plant site at Hansalpur village, some 110 kms from Ahmedabad on April 27, 2013. Suzuki was accompanied by Maruti Suzuki India (MSI) managing director and CEO, Kenichi Ayukawa and outgoing managing director and CEO, Shinzo Nakanishi.
Japanese chairman and chief executive of Suzuki Motor Corporation, Osamu Suzuki inspects a Maruti Suzuki Plant site at Vitthalpur, some 135 kms from Ahmedabad on April 27, 2013. Suzuki was accompanied by Maruti Suzuki India (MSI) managing director and CEO, Kenichi Ayukawa and outgoing managing director and CEO, Shinzo Nakanishi.
Japanese chairman and chief executive of Suzuki Motor Corporation, Osamu Suzuki (C) takes a gentle leap as he inspects the construction of a boundary wall at Maruti Suzuki Plant site at Hansalpur village, some 110 kms from Ahmedabad on April 27, 2013. Suzuki was accompanied by Maruti Suzuki India (MSI) managing director and CEO, Kenichi Ayukawa and outgoing managing director and CEO, Shinzo Nakanishi.
Suzuki Motor Corp Chairman Osamu Suzuki (C) speaks with outgoing Chief Executive Officer of Maruti Suzuki India Shinzo Nakanishi (R) as they check a map at the construction site of a Maruti Suzuki plant at Vitthlapur village in the western Indian state of Gujarat April 27, 2013. Maruti Suzuki's profit margins are set to show even stronger gains in the current quarter as India's biggest car maker reaps an even greater windfall from cheaper yen-denominated imports of components. Cheaper imports of parts and a smaller royalty payment to its parent Suzuki Motor Corp contributed to an 80 percent rise in January-March net profit, smashing analysts' forecasts. Maruti's shares shot up 5 percent after the results.