Maruti Suzuki Alto outsells every other car in the WORLD, again!
For a car that sells every 2 minutes, the Maruti Suzuki Alto is no amateur when it comes to breaking sales records. It has been the bestselling car in India since the Maruti 800 forfeited that title after its parents declared it was too old for it to continue competing everywhere. Our liking for the Alto even made it the best selling hatchback of the world in 2010. And it has done it again!
However, there is a twist in this story. Although Alto bagged the best selling title, its growth rate is losing steam as time progresses. The fastest growth rate was demonstrated by Fiat Uno in Brazil.
There could be various factors that have taken a toll of the growth rate such as market slowdown, rising petrol prices, launch of the Hyundai EON, etc. With the entry of new players in the small car segment such as Nissan and Fiat, the situation is not going to improve for Maruti.
Do you think the Alto can sustain the growth for the third time in the row this year?
[Source: HindustanTimes.com]