Maruti Suzuki October Sales Up By 4.5% To 1.53 Lakhs Units

Maruti Suzuki India on Friday reported 4.5 percent growth year-on-year in October sales led by compact and utility vehicle segments.
Driven by the festive season and heavy discounts, the company sold 1.53 lakh units during the month against 1.46 lakh units sold in the same month of last year. The country's largest car manufacturer said domestic sales in October grew by 4.5 percent year-on-year to 1.44 lakh units from 1.38 lakh units and exports increased 5.7 percent to 9,158 units from 8,666 units.

Passenger car sales were up by 4.4 percent to 1.06 lakh units compared to 1.01 lakh units in October last year. The compact car segment (new WagonR, Celerio, Ignis, Swift, Baleno, and Dzire) clocked 15.9 percent growth but mini segment (Alto, S-Presso and old WagonR) showed a 13.1 percent decline.

Utility vehicle sales (Gypsy, Ertiga, XL6, Vitara Brezza, and S-Cross) grew by 11.3 percent whereas vans (Omni and Eeco) sales fell by 26.8 percent in October YoY.
For the April to October period, however, total sales were down by 20.3 percent to 8.94 lakh units from 11.2 lakh in the year-ago period.

Domestic sales dipped by 21.4 percent to 8.31 lakh units from 10.5 lakh units while export sales edged lower by 2.6 percent to 63,069 units from 64,753 units year-on-year. 

(ANI)

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