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Maruti Suzuki Sales Rise 29% in October

Maruti Suzuki India, the country's largest carmaker, on Monday reported a 29.1 per cent rise in total sales at 1,34,209 units last month.
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Maruti Suzuki Sales Rise 29% in October
New Delhi: Maruti Suzuki India, the country's largest carmaker, on Monday reported a 29.1 per cent rise in total sales at 1,34,209 units last month.

The carmaker had sold 1,03,973 units in October 2014.

The company said its domestic sales increased 24.7 per cent during the month to 1,21,063 units as against 97,069 units in October 2014.

Sales of mini segment cars, including Alto and WagonR, increased 5.2 per cent to 37,595 units as compared to 35,753 units in the year-ago month, Maruti Suzuki said in a statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and the recently launched Baleno increased 37.7 per cent to 51,048 units in October this year as against 37,083 units a year ago.

Maruti Suzuki said sales of its compact sedan Dzire Tour surged over two-fold during the month under review to 3,418 units as against 1,408 units in October 2014.

The sales of company's mid-sized sedan Ciaz, which was launched in October 2014, stood at 5,890 units, down 7.2 per cent as against 6,345 units in the same period last year.

There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga and S-Cross rose by 56.5 per cent at 9,435 units in October this year from 6,027 units in the corresponding month last year.

Sales of vans - Omni and Eeco - rose 30.8 per cent to 13,677 units in October this year as compared to 10,453 units a year ago.

Exports during the month rose 90.4 per cent to 13,146 units as compared to 6,904 units in October last year, Maruti Suzuki said.

As of 12:45 p.m., shares in Maruti Suzuki India were trading +0.8 per cent higher at Rs 4,484.50 apiece on the BSE, whose benchmark Sensex index was down 0.9 per cent.

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