Maruti''s October sales up by 27 per cent
By Our Corporate Bureau | 02 Nov 2004
New Delhi: Maruti Udyog Ltd reported a 27.6 per cent rise in October vehicle sales. Maruti, said in a statement that it sold 49,399 vehicles in October, up from 38,715 units in the same month a year ago and compared with 43,949 in September, when sales rose 12.4 per cent.
Domestic sales rose 31.3 per cent to 43,949 units while exports were 3.8 per cent higher at 5,458.
Total vehicle sales in April-October, the first seven months of this business year, were up 20.6 per cent to 302,871 vehicles from 251,183 units in the year-ago period.
The company reported a 30.3 per cent rise in sales in the business year to March, helped by robust economic growth, three-decade-low interest rates and a product tax cut.
Total sales of its three compact cars — the Alto, Zen and Wagon R — jumped 57.6 per cent to 23,334 units while the combined sales of its Omni and Versa vans rose 15.9 per cent to 6,106.
Sales of its Baleno and Esteem sedans jumped 144.3 per cent to 2,577 units after the company introduced a new-look Esteem in July, while those of the Gypsy and Vitara multi-utility vehicles more than doubled to 291 units.