Maruti Suzuki announced that its budget car Alto has achieved the 35 lakh sales milestone in India. There is no doubt that the Alto has been one the best selling cars in India for 14 years, but reaching to this big milestone is a huge success.
Maruti Suzuki has also been updating that car to keep it relevant with the time. It is now available in AMT and CNG variants as well. The company revealed that about 18 per cent of Alto K10 sales come from the AMT variant. It shows that the good demand for automatic cars in India.
The company clocked 10 lakh sales in 2018 and it took another 2 years to reach the 15 lakh and then next 2 years to achieve 20 lakh sales in 2012. Now in 2018, the company has achieved the 25 lakh sales milestone.
Alto has a growth rate of 6 per cent and 33 percent market share in its segment in 2017-18.
Maruti Suzuki also confirmed that 44 percent sales of Alto come from buyers having age less than 35 years old and this contribution has grown by 4 percent in the past three years.