Maruti Suzuki India Ltd is cruising even as the signs of demonetisation fade in the rear-view mirror. Since the currency ban had affected sales growth, Maruti Suzuki offered higher discounts compared to the September quarter, to push sales growth. Sales growth was helped by a battery of launches in the recent past, most of which have done well. The extra sales they added more than made up for the subdued sales growth in the lower-end vehicle segment. Importantly, with the currency ban behind it, Maruti Suzuki’s sales growth should gain traction in the coming quarters.

Source: Mint January 26, 2017 01:55 UTC