Maruti Suzuki October Sales Increase 4.5 Percent YoY To 1.53 Lakh Units

Maruti Suzuki registered a 4.5 percent growth year-on-year in October sales led by compact, UV segments while the month-on-month growth was pretty high at 25.4 percent driven by festive season and heavy discounts. 

Company sold 1.53 lakh units during the month against 1.46 lakh units sold in same month last year, which was lower than Nomura expectation of 1.7 lakh units.

Maruti said domestic sales in October grew by 4.5 percent year-on-year to 1.44 lakh units and exports increased 5.7 percent YoY to 9,158 units. Passenger car sales at 1.06 lakh units increased 4.4 percent year-on-year.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com