Market leader Maruti Suzuki reported a 14.3% year-on-year rise in domestic sales to 144,297 units in November. The compact car category, led by the premium hatchback Baleno, also accelerated with a 32.4% rise in sales over November 2016. Sales of the Ciaz mid-size sedan fell 26.2% while older models like Alto and WagonR also posted a 1.8% dip. The i10 and i20 hatchbacks, and compact sports utility vehicle (SUV) Creta also drove sales, he added. He added that the low base resulting from demonetisation a year ago has had a more pronounced effect on two-wheelers compared to passenger vehicles and will continue to skew the growth till January.
Source: Mint December 01, 2017 19:41 UTC