With no change in price post cess hike, the company hopes customers demand will pick up in the upcoming months.
Though sales of mini cars (Alto, WagonR) declined by 1.8% to 38204 units last month, those of compacts (Swift, Celerio, Ignis, Baleno, DZire and Tour S) rose 32.4% to 65447 units.
Maruti Suzuki’s sales have increased 17% (to around 826,000 units) to outpace Suzuki’s performance in Japan, where volumes grew 7.2% in the first half of the fiscal.
HCIL, the Indian subsidiary of the Japanese carmaker is evaluating developing country-specific battery electric vehicles addressing the issue of affordability.
Luxury vehicle sales are estimated to grow in double digits in the ongoing calendar year to cross the peak of 36,000 units last achieved in 2015.
The two car giants made a pact to introduce e-cars in India around 2020. Suzuki will make the cars for India and will also supply some vehicles to Toyota.
Vehicular emissions as well as illegal crop burning in the farm states surrounding New Delhi have caused air quality to deteriorate dramatically, prompting calls for tough action.
The company had posted net profit of Rs 413 crore in the corresponding period of the last financial year.
Plants of Coca-Cola, Dabur, Perfetti, HMSI, Hero MotoCorp have been hit after the National Green Tribunal banned industrial activity in and around Delhi.
Sales of commercial vehicles went up by 6.4% to 69793 units in the period under review. Two-wheelers dropped by 2.76% to 1750966 units.
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