Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14200.70
-400.85 (-2.75%)
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Maruti Suzuki plans to commence exports of Baleno model into European Union: Report

Date: 30-12-2015

In order to revive its presence in the region, Maruti Suzuki, one of the leading car makers in India, is reportedly planning to commence exports of its new premium hatchback Baleno to the European Union. The first shipment of premium hatchback to Europe is likely to commence in January 2016. The company is targeting several markets such Italy, France, Germany, Netherlands, Belgium, Denmark and Spain, among others to sell India-built Baleno.

The company had registered a rise of 9.7% in its total car sales (Domestic + Export) for the month of November 2015 at 120,824 units, as against 110,147 units in 2014. The company’s domestic sales rose by 10.6% in November 2015 at 110,599 units, as against 100,024 units in corresponding month last year