Home > companies > news > Maruti Suzuki’s September domestic sales rise 9%

Mumbai: Domestic sales at car market leader Maruti Suzuki India Ltd rose 9% to 99,290 units in September compared with a year ago, the company said in a statement on Wednesday.

The rise in sales was led by 18% growth in sales of the compact car segment that includes the Swift, DZire and Celerio models.

However, sales of the entry-level models, which include the Wagon R and Alto, dropped 13%, signalling that a complete recovery in the market that saw sales slump to a decade-low level in fiscal 2014 is still under way. Also, it indicates that the first-time buyers are yet to return to the market.

Maruti’s exports also declined 28% to 10,452 units.

Car sales in the country have been expanding since the last five months, backed by improving sentiment and better macroeconomic indicators.

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