While sales of commercial vehicles went up by 9.26 per cent to 87257 units, those of three-wheelers declined by 23.72 per cent to 39000 units in March.
The desired outcome: Safer cars conforming to new crash-test standards, and higher returns on investments because of the standardisation of parts.
The unit would have total capacity to manufacture 5.5 million passenger car and light truck tyres (PCLT) and 675,000 commercial vehicle tyres upon completion of the first phase.
While domestic sales went up by 18% by selling 69290 units, exports for the company too registered a growth of 29.3% to 12241 units during the year.
Maruti has stepped past compact cars to establish its leadership in segments of the automotive market, in a journey that reflects India's economic profile.
While sales of medium and heavy commercial vehicles for the company increased by 15 to 15258 units, those of light commercial vehicles declined by 1 to 3424 units.
Hero MotoCorp sold 6,06,542 units in the corresponding period of the last financial year and 66,63,903 units in the entire fiscal year.
Commercial vehicle (CV) makers disposed of over half their stock of 96,700 BS-III vehicles valued at around Rs 11,600 crore before the Supreme Court-set April 1, 2017, deadline.
Companies such as Maruti Suzuki recorded strong sales month after month, and most shrugged off the impact of demonetisation after a month or two.
In the first quarter of 2017, the combined domestic wholesale and exports grow to 63,117 vehicles compared to 51,338 in the first quarter last year.
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