Key Points
The festival season brought cheers to passenger vehicle makers having a wide range of SUVs and MPVs in their portfolio, as they experienced strong sales momentum in the category..
For example, although Maruti Suzuki witnessed an overall decline of 5 per cent in YoY sales in October, however, in utility vehicles segment it registered an increase of over 21 per cent in October...
However, Maruti Suzukis utility vehicle segment showed strong growth in October, with total sales reaching 70,644 units, compared to 59,147 units in the same month last year..
Commenting on HMIL sales, Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, We witnessed a strong demand for our SUV portfolio during the festive period, leading to our highest-ever monthly SUV sales at 37,902 units, including highest ever monthly domestic sales of the Hyundai Creta at 17,497 units..
Veejay Nakra, president, Automotive Division, M&M Ltd, said, We are excited to have clocked the highest-ever SUV sales of 54,504 vehicles in October, a growth of 25 per cent...
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