The largest car maker of the country, Maruti Suzuki reported a decline in the sales of their cars and profits in the month of October 2016, compared to the last year’s sales and profit of the same month. Domestic four wheeler sale for the car company was 123,764 units in the last month. Total October volume including exports declined 0.3 per cent to 133,793 units. Total volume in seven month period grew 8.7 per cent to 828,883 units.
"Market demand for Maruti Suzuki products remained strong during the month. Strong retail sales of Ciaz, S cross and Ertiga, besides of course Brezza and Baleno, kept the momentum positive for us," MSI Executive Director (Marketing and Sales) R S Kalsi said.
MSI said, sales of its compact sedan Dzire Tour declined by 27.4% during the month under review at 2,481 units. Sales of mid-sized sedan Ciaz rose by 8% to 6,360 units during the month.
SBI dispatched 6 lakh cards after the malware breach
Maharashtra is the most farmer friendly state; says NITI Ayog's index
'Eicher Motors' stock climbs up by 3 percent