Maruti clocks best-ever Sept passenger car sales with 29% jump
01 Oct 2016
Maruti Suzuki, the country's biggest car maker, has reported its best ever monthly sales in September, growing over 29 per cent in the domestic market as dealers stock vehicles for deliveries in the festive season beginning on Saturday.
Maruti's growth will drive the industry to a strong double digit growth in September.
The company, which enjoys a 47 per cent share in the Indian market, sold 137,277 vehicles last month against 106,083 units in the same month last year.
All segments of the company have grown by double digits, though the bulk of the growth has come from its utility vehicle segment which includes its latest product, the Brezza.
The compact segment (Baleno, Swift and Dzire) and mini segment (Alto and Wagon R) have grown 12 and 25 per cent respectively. Ciaz sales have grown 52 per cent to 6,544 units. The vehicle has consistently sold more than the previous market leader Honda City for last few months.
The H1 (April-September) domestic sales growth of Maruti stood at 12.1 per cent. Its exports in September also jumped 54 per cent to 11,822 units.