India’s leading automakers including Maruti Suzuki, Mahindra & Mahindra, Tata Motors PV and Kia India posted their highest-ever domestic sales in October, supported by strong festive buying sentiment and the recent GST rate reduction.
Skoda Auto India and Toyota Kirloskar Motor also recorded notable year-on-year growth during the month.
“In October, we did a retail of 2,42,096 units, which is a growth of almost 20 per cent over the last year,” Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee.
Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., “In October, we achieved SUV sales of 71,624 units, a growth of 31%, which is the highest SUV sales we have clocked ever in a month! The total vehicle sales stand at 120,142 units, a 26% growth compared to the same month last year. October also saw the launch of the new editions of Thar, Bolero & Bolero Neo.”
*source – PTI
