RESEARCH PROJECT “HIPE”: LASER LIGHT SOURCES FOR HEADLAMPS

Together with the Fraunhofer Application Center for Inorganic Phosphors, HELLA is developing a new headlamp prototype.

hella

Lippstadt, April 25, 2017. As part of the research project HipE (highly innovative pixilated phosphors for laser-based emissions in headlamps), HELLA KGaA Hueck & Co., a globally leading supplier of lighting and electronic products for the automotive industry, and the Fraunhofer Application Center for Inorganic Phosphors in Soest, are developing a prototype for high-definition headlamps with laser light source. The project started in March 2016 and is co-funded by the European Regional Development Fund (ERDF) over a period of three years.

Reducing installation space, increasing efficiency, improving light quality and safety – headlamp requirements are constantly on the rise. For meeting them, high-definition systems are becoming ever more frequent. Especially laser light sources have become very important. They are not just efficient in that individual light pixels can be activated as needed, but they also have a particularly high luminance. More light exits from a smaller light surface. This means that installation elements, such as reflectors, can be smaller, therefore allowing a more compact construction design.

In order to apply adaptive functions to the road, i.e. headlamp light that automatically adjusts to the traffic and ambient lighting conditions, such as glare-free high beams, it is initially necessary to transform the blue short-wave laser radiation into white broadband radiation. The Economic Commission for Europe (ECE) regulates light color in Europe. The conversion of blue into white radiation occurs via phosphors. In the context of the HipE project, the Fraunhofer Application Center for Inorganic Phosphors tests various materials in view of their suitability – i.e. regarding their conversion characteristics and heat propagation – and then optimizes them. HELLA is developing a new mechatronic-optical concept for the construction of a complete headlamp module. The lighting and electronics expert for example checks, which optical systems are suitable for meeting the requirements for a more compact design and greater efficiency. Furthermore, HELLA is designing a demonstrator, i.e. an illustration model containing the new components. The ultimate goal consists in pushing the technologies developed during the project toward series production readiness.

Press Release

American Traffic Solutions Awarded Procurement Agreement with Houston-Galveston Area Council

                                              

Mesa, AZ — American Traffic Solutions (ATS), the market leader in road safety camera installations, today announced it has been awarded the Houston-Galveston Area Council’s (H-GAC) co-op program HGACBuy under the Traffic Control, Enforcement and Signal Pre-emption Equipment Contract PE05-17.

The award, won through a competitive bidding process, positions ATS as the exclusive provider of red-light, speed and school bus stop-arm safety cameras to HGACBuy members. Under the two-year agreement, HGACBuy will work with ATS to ensure its member cities achieve their procurement goals for ATS’ technology and professional services at a competitive price and in an efficient manner. ATS is the only safety camera provider to be awarded this contract.

“We are excited and honored to have the opportunity to once again partner with HGACBuy and their member organizations. This important selection streamlines the procurement process allowing for Road Safety Camera Programs to be implemented in a more efficient manner,” said Liz Caracciolo, General Manager.

HGACBuy is active throughout the U.S. and provides more than 6,000 members with 40 major categories of products and services from more than 800 highly-qualified contractors, such as American Traffic Solutions (ATS). Membership with HGACBuy is available nationwide at no cost for governmental and non-profit based entities.

About American Traffic Solutions:
ATS is proud to be the market leader in road safety camera installations in North America. ATS has more than 3,500 installed red-lightspeed safety cameras and school bus stop arm cameras serving more than 30 million people. ATS Fleet Services is a leader in providing both Toll and Violation Management Solutions to fleets and rental customers saving them time and money.

Press Release

 

Vigillo, a SambaSafety company, Rolls out Roadside Resume

Innovative approach by two industry leaders is providing the first truly comprehensive view of a commercial driver’s safety profile.  

Roadside Resume® is being launched simultaneously with the latest update of SambaSafety’s driver risk management solution

PORTLAND, OR — April 27, 2017 – Vigillo a SambaSafety Company, the leading providers of real-time data for analyzing commercial driver and motor carrier safety performance, today announced Roadside Resume®. The industry’s first truly comprehensive commercial driver safety, compliance and risk profile from Vigillo is being launched at the same time as the Spring 2017 update of SambaSafety’s DriverMonitor driver risk management solution.

“Roadside Resume is a lens into safety that is a powerful tool for carriers,” said Steve Bryan, president of Vigillo. “It brings multiple channels of information into one unified, comprehensive on- and off-the-job driving behavior view of a commercial driver’s safety profile. With Roadside Resume, carriers can easily identify risky behavior based on a scientific analysis of data that is continuously updated, and correlate that information to crash risk.”

Integrated in Roadside Resume is Vigillo’s CSA Scorecards and SambaSafety’s DriverMonitor along with a constantly growing number of public, telematics and other third-party vendor data sources. Included are CSA BASIC inspection, violation and accident data, and MVR License Status, Expiration, Monitored Status, Med Cert Expiration and Endorsements as well as Citations, Violations, Actions, Suspensions and Revocations.

Roadside Resume enables risk, safety and compliance managers to get a complete picture of their drivers’ safety profiles in one place without having to access multiple data sources,” Bryan related. “Its single dashboard view makes it easier to see data from multiple sources and apply a proprietary scoring methodology that quickly and easily identifies a carrier’s riskiest drivers. With that information, carriers can also create policies, and manage enrollment in training classes and track their completion.”

Roadside Resume is the latest innovation to result from the acquisition of Vigillo by SambaSafety. The combination of the two companies’ driver monitoring and risk managment solutions is now benefitting carriers as they work to mitigate high risk behavior.

Simultaneously, SambaSafety is also launching an update to its DRM product suite which brings real-time reporting, increased alert frequency, and more efficient driver roster maintenance to its industry leading driver risk management solution.

About Vigillo

Vigillo, a SambaSafety Company, leads the trucking industry in analyzing fleet safety data to provide insights that impact safety performance.  Combining Vigillo’s CSA Daylight Suite, the industry’s most robust CSA diagnostic and management tool, with SambaSafety’s innovative Driver Risk Management (DRM) services, Vigillo offers the most comprehensive driver Motor Vehicle Record and CSA data monitoring solution. These combined capabilities provide customers with the ability to manage and track driver performance, mitigate high risk driver behavior and address driver safety through the entire employment lifecycle. Based in Portland, Oregon, Vigillo was founded in 2007. For more information visit www.vigillo.com.

About SambaSafety

SambaSafety is the market leader of cloud-based risk management software solutions for organizations with commercial and non-commercial drivers. Through the collection, correlation and analysis of driver information—motor vehicle records, court data, status checks, accident data, incident data, compliance information, medical certifications—our innovative platform automates the driver risk management process delivering a comprehensive 360-degree view of driver behavior and performance. SambaSafety provides organizations across the United States and Canada the actionable insight to improve driver performance, reduce accidents, lower insurance costs and limit risks—ultimately improving community safety. For more information, go to www.sambasafety.com.

Press Release

Visteon Announces Record First-Quarter 2017 Results

  • Delivered strong financial performance
    • Record electronics sales of $810 million
    • Record electronics adjusted EBITDA of $101 million
    • Net income of $63 million
  • Awarded $1.5 billion in new business
    • Infotainment represents largest share
    • Third SmartCore™ award – first in China
    • Record $16.7 billion order backlog
  • Executed $125 million share repurchase

VAN BUREN TOWNSHIP, Mich — Visteon Corporation (NYSE: VC) today announced first-quarter 2017 results, reporting sales of $810 million compared with $802 million in 2016. First-quarter net income attributable to Visteon was $63 million or $1.91 per diluted share for 2017, compared with $19 million or $0.49 per diluted share for 2016.

First-quarter Electronics sales were $810 million compared with $793 million for the same period in 2016. Electronics first-quarter net income was $55 million or $1.67 per diluted share for 2017, compared with $38 million or $0.99 per diluted share for 2016.

Electronics adjusted EBITDA, a non-GAAP financial measure as defined below, was $101 million for the first quarter, compared with $94 million in the same period last year. Electronics adjusted net income, a non-GAAP financial measure as defined below, was $57 million for the first quarter or $1.73 per diluted share, compared with $52 million or $1.35 per diluted share in the first quarter of 2016.

During the first quarter, global vehicle manufacturers awarded Visteon new business of $1.5 billion in lifetime revenue. The ongoing backlog, defined as cumulative remaining life-of-program booked sales, was approximately $16.7 billion as of March 31, 2017, up from $16.5 billion at the end of 2016.

“We had a strong first quarter, highlighted by record Electronics sales and adjusted EBITDA,” said Visteon President and CEO Sachin Lawande. “We won significant new business that raised our order backlog to an all-time high, with noteworthy wins in infotainment and in Asia – including our third SmartCore™ cockpit domain controller win and our first in China. We also benefited from key product launches at the end of 2016 and in early 2017. Our continued focus on operational improvements helped drive adjusted EBITDA as a percent of sales to 12.5 percent.”

First Quarter in Review

Visteon Corporation

First-quarter sales were $810 million, compared with $802 million for the same period in 2016. The $8 million increase is primarily related to higher electronics production volumes and new product launches, partially offset by unfavorable currency and the exit of other operations.

Gross margin was $131 million, compared with $121 million a year earlier. The $10 million increase in gross margin reflected higher sales and the exit of other climate operations. Selling, general and administrative expenses were $51 million for the first quarter of 2017, compared with $56 million for the first quarter of 2016.

For the first quarter of 2017, the company reported net income attributable to Visteon of $63 million or $1.91 per diluted share, compared with $19 million or $0.49 per diluted share for the same period in 2016. First-quarter 2017 net income included income of $8 million from discontinued operations, net of tax; and $2 million of restructuring, transformation and related costs.

Electronics Product Group

Sales totaled $810 million and $793 million during the first quarter of 2017 and 2016, respectively, for an increase of $17 million, resulting from higher volume and product mix, particularly in Europe and China. Unfavorable currency movements and contractual customer pricing reductions partially offset the increase. On a regional basis, Asia accounted for 37 percent of sales, Europe 33 percent, North America 28 percent, and South America 2 percent.

Gross margin for the first quarter of 2017 was $131 million, compared with $126 million a year earlier. The $5 million increase in gross margin reflected the impact of higher sales volume, material cost efficiencies and a decline in engineering expenses, partially offset by customer pricing.

Adjusted EBITDA for the Electronics Product Group was $101 million for the first quarter of 2017, compared with $94 million for the same quarter last year. The improvement was primarily driven by increased vehicle production volumes and new business, and favorable currency. Manufacturing, engineering, and sales, general and administrative cost efficiencies were offset by customer pricing and higher warranty costs. Selling, general and administrative expenses were $51 million for the first quarter, compared with $56 million for the first quarter of 2016. Adjusted EBITDA margins were 12.5 percent for the first quarter of 2017, a 60-basis point improvement from prior-year levels.

For the first quarter of 2017, net income was $55 million or $1.67 per diluted share, compared with net income of $38 million or $0.99 per diluted share for the same period in 2016. First-quarter 2017 net income included $2 million of restructuring, transformation and related costs. Adjusted net income, which excludes these items, was $57 million or $1.73 per diluted share in 2017, compared with $52 million or $1.35 per diluted share in 2016.

Other Operations

By the end of 2016, Visteon exited its other operations, consisting of climate operations in South America and South Africa. The first quarter of 2016 included sales of $9 million, negative adjusted EBITDA of $5 million and a net loss of $5 million.

Cash and Debt Balances

As of March 31, 2017, Visteon had global cash and equivalents totaling $692 million. During the first quarter of 2017, Visteon paid $125 million to purchase shares of its common stock and $47 million to repurchase the India electronics business in connection with the 2015 climate transaction.Total debt as of March 31 was $396 million.

For the first quarter of 2017, cash from operations was a use of $10 million, capital expenditures were $32 million and adjusted free cash flow was a use of $30 million. The first quarter typically reflects an outflow of cash due to timing of working capital movements.

In March 2017, Visteon amended its revolving and term loan credit facilities. The amendment extended the maturity dates of each facility by three years, reduced the applicable interest rate margin on each facility by 50 basis points and upsized the revolving facility by $100 million to $300 million.

Share Repurchases

During the first quarter of 2017, Visteon entered into an Accelerated Stock Repurchase (ASR) with a third party to purchase shares of its common stock for a payment of $125 million and received 1,062,022 shares, representing 80 percent of the expected shares. This ASR is expected to be completed by May 8, 2017. The company has $275 million remaining under its current share repurchase authorization.

Full-Year 2017 Outlook

Visteon affirmed its full-year 2017 guidance for its key financial metrics. The company projects 2017 sales of $3.1 billion to $3.2 billion. Adjusted EBITDA is projected in the range of $355 million to $370 million. Adjusted free cash flow, as defined below, for the Electronics Product Group is projected in the range of $165 million to $180 million.

About Visteon

Visteon is a global technology company that designs, engineers and manufactures innovative cockpit electronics products and connected car solutions for most of the world’s major vehicle manufacturers. Visteon is a leading provider of instrument clusters, head-up displays, information displays, infotainment, audio systems, telematics and SmartCore™ cockpit domain controllers. Visteon also supplies embedded multimedia and smartphone connectivity software solutions to the global automotive industry. Headquartered in Van Buren Township, Michigan, Visteon has approximately 10,000 employees at more than 40 facilities in 19 countries. Visteon had sales of $3.16 billion in 2016. Learn more at www.visteon.com.


Forward-looking Information

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to: (1) conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, (ii) the financial condition of our customers and the effects of any restructuring or reorganization plans that may be undertaken by our customers or suppliers, including work stoppages, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress, work stoppages, natural disasters or civil unrest; (2) our ability to satisfy future capital and liquidity requirements; including our ability to access the credit and capital markets at the times and in the amounts needed and on terms acceptable to us; our ability to comply with financial and other covenants in our credit agreements; and the continuation of acceptable supplier payment terms; (3) our ability to satisfy pension and other post-employment benefit obligations; (4) our ability to access funds generated by foreign subsidiaries and joint ventures on a timely and cost-effective basis; (5) our ability to execute on our transformational plans and cost-reduction initiatives in the amounts and on the timing contemplated; (6) general economic conditions, including changes in interest rates, currency exchange rates and fuel prices; (7) the timing and expenses related to internal restructurings, employee reductions, acquisitions or dispositions and the effect of pension and other post-employment benefit obligations; (8) increases in raw material and energy costs and our ability to offset or recover these costs, increases in our warranty, product liability and recall costs or the outcome of legal or regulatory proceedings to which we are or may become a party; and (9) those factors identified in our filings with the SEC (including our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2016).

Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update. The financial results presented herein are preliminary and unaudited; final financial results will be included in the company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2017. New business wins and rewins do not represent firm orders or firm commitments from customers, but are based on various assumptions, including the timing and duration of product launches, vehicle production levels, customer price reductions and currency exchange rates.

Use of Non-GAAP Financial Information

This press release contains information about Visteon’s financial results which is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this press release. The provision of these comparable GAAP financial measures for 2016 is not intended to indicate that Visteon is explicitly or implicitly providing projections on those GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the company at the date of this press release and the adjustments that management can reasonably predict.

Source

Lear Completes Acquisition of Grupo Antolin’s Automotive Seating Business

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SOUTHFIELD, Mich., April 28, 2017 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today announced the completion of its acquisition of Grupo Antolin’s automotive seating business.

Grupo Antolin’s seating business has annual sales of approximately €300 million with operations in five countries in Europe and North Africa.  Grupo Antolin’s seating business is comprised of just-in-time seat assembly, seat structures & mechanisms and seat covers, and is well positioned among the largest European automakers, including Daimler, Peugeot Citroen, Renault Nissan and Volkswagen.

The transaction is valued at €286 million on a cash and debt free basis and is forecasted to be accretive to 2017 earnings per share. Lear will update its 2017 financial outlook to include Grupo Antolin’s seating business on July 26th when the Company announces its Second Quarter 2017 financial results.

“The Grupo Antolin seating business is an excellent fit for Lear and is consistent with our strategy to invest in our core business, accelerate our growth and deliver superior value to shareholders,” said Matt Simoncini, Lear’s President and CEO.  “This business has an excellent reputation for quality and customer satisfaction as well as a strong market position in Europe with leading customers,” added Simoncini.

Grupo Antolin’s seating business has an experienced management team, modern facilities and a reputation for lean manufacturing, superior quality and innovation, including high-functionality and light weight seat designs.

“We are very pleased to add Grupo Antolin’s strong capabilities to Lear’s global seating business.  This acquisition will further strengthen and diversify Lear’s seating business, improve the overall value we are able to offer our customers and provide additional opportunities to grow our market share,” concluded Simoncini.

Grupo Antolin’s seating business is headquartered in France and it includes 12 manufacturing facilities, 2 technological centers and 2,273 full-time and contract employees.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated financial results and liquidity. The words “will,” “may,” “designed to,” “outlook,” “believes,” “should,” “anticipates,” “plans,” “expects,” “intends,” “estimates,” “forecasts” and similar expressions identify certain of these forward-looking statements. The Company also may provide forward-looking statements in oral statements or other written materials released to the public. All statements contained or incorporated in this press release or in any other public statements that address operating performance, events or developments that the Company expects or anticipates may occur in the future are forward-looking statements.  Factors that could cause actual results to differ materially from these forward-looking statements are discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 and its other Securities and Exchange Commission filings. Future operating results will be based on various factors, including actual industry production volumes, commodity prices and the Company’s success in implementing its operating strategy.

Information in this press release relies on assumptions in the Company’s sales backlog. The Company’s sales backlog reflects anticipated net sales from formally awarded new programs less lost and discontinued programs. The calculation of the sales backlog does not reflect customer price reductions on existing or newly awarded programs. The sales backlog may be impacted by various assumptions embedded in the calculation, including vehicle production levels on new programs, foreign exchange rates and the timing of major program launches.

The forward-looking statements in this press release are made as of the date hereof, and the Company does not assume any obligation to update, amend or clarify them to reflect events, new information or circumstances occurring after the date hereof.

About Lear Corporation

Lear Corporation (NYSE: LEA) was founded in Detroit in 1917 as American Metal Products.  In 2017, the Company will celebrate its 100thyear anniversary.  Lear is one of the world’s leading suppliers of automotive seating systems and electrical distribution systems (E-Systems).  Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates.  Lear’s world-class products are designed, engineered and manufactured by a diverse team of approximately 150,000 employees located in 37 countries.  Lear currently ranks #154 on the Fortune 500.  Lear’s headquarters are in Southfield, Michigan.  Further information about Lear is available at http://www.lear.com or follow us on Twitter @LearCorporation.

About Grupo Antolin’s Seating Business

Grupo Antolin’s seating business is well positioned among major European automakers, including Peugeot Citroen, Daimler, Renault Nissan and Volkswagen.  The Company has annual sales of approximately €300 million; 12 manufacturing facilities (7 in Spain, 2 in France, 1 in the Czech Republic, 1 in Portugal and 1 in Morocco); 2 technological centers (in France and Spain) and 2,273 full-time and contract employees in 6 countries.  Grupo Antolin’s seating business headquarters is located in France.

SOURCE Lear Corporation

Siemens to acquire a leading software provider for public transportation, mobility and logistics

  • Expansion of Siemens’ offerings with industry-specific software for the mobility sector – rigorous implementation of digitalization strategy
  • HaCon to be managed as separate legal entity and wholly-owned subsidiary of Siemens AG in the Mobility Division
  • Transaction still subject to approval by antitrust authorities, with closing planned for first half of calendar 2017

Siemens is planning to acquire HaCon, a company headquartered in Hanover, Germany. The two parties have agreed not to disclose financial details. Pending the approval of antitrust authorities, the deal is expected to be concluded in the first half of calendar year 2017.

HaCon is a leading international provider of planning, scheduling and information systems for public transportation, mobility and logistics. The company has been a successful player in the mobility business for 30 years. Trip planning software from HaCon is used in more than 25 countries and comprises the centerpiece of the travel information systems in operation at more than 100 transport companies and associations.

“The acquisition of HaCon will enable us to enter a completely new business area that complements our current portfolio, expanding it to include timetable scheduling as well as trip planning by passengers,” said Jochen Eickholt, CEO of Siemens’ Mobility Division. “With this move, we’re rigorously implementing our digitalization strategy and opening up new growth opportunities for our company along our customers’ value chain,” he added.

“Together with a strong partner like Siemens AG, we’ll be even better equipped to drive the mobility software business, particularly in the global market,” said Michael Frankenberg, CEO of HaCon.

Siemens is already a leading rail automation provider, offering systems up to and including complete driverless operation. A leader in road mobility solutions as well, Siemens plans to expand its intermodal digital offerings with the acquisition of HaCon. Together with HaCon, Siemens will be able to serve rail infrastructure operators and public transportation companies as a single-source supplier of innovative software solutions for train and route planning, timetable information systems, cutting-edge payment systems and intermodal mobility platforms. In addition, apps for use on passengers’ mobile devices will enhance trip planning, transparency and thus acceptance.

Further information on the Mobility Division is available at www.siemens.com/mobility


Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Risks in the Annual Report. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

Press Release

Maruti Suzuki India April 2017 Sales Report

maruti-suzuki-new-logo

New Delhi, May 1, 2017: Maruti Suzuki India Limited, leader in passenger vehicles, sold a total of 151,215 units in April 2017. This includes 144,492 units in domestic market and 6,723 units of exports. The Company had sold a total of 126,569 units in April 2016.

The sales figures for April 2017 are given below:

Maruti Suzuki India April 2017 Sales
Dzire and Dzire Tour are included in same segment only, * Previously Dzire Tour was reported in separate segment

Maruti Suzuki India’s passenger vehicle sales(domestic) grew by 23.1% from 1,17,045 units in April 2016 to 1,44,081 units in April 2017. Export declined by 29.4% from 9,524 units in last April to 6,723 units in this April.

Sales in compact segment which includes Swift, Dzire, Dzire Tour, Celerio, Ignis, and Baleno grew the most by 39.1%.

Ciaz sales grew by 23.1% from 5702 units to 7024 units.

And the other segment which grew maximum is utility vehicle segment which includes Gypsy, Ertiga, S-Cross, and Vitara Brezza, the segment grew by 28.6%.

Vans segment which includes Omni and Eeco declined b y 4.0%. Vans segment is the only one in the entire Maruti’s portfolio to decline.

Sales of Maruti Suzuki’s light commercial vehicle Super Carry in April 2017 stood at 411 units.

Overall April 2017 sales grew by 19.5% from 1,26,569 units in April 2016 to 1,51,215 units in April 2017.

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