Auto sector picks up on Maruti Suzuki’s strength, demand for vehicles rises in Indian market


Due to relief from the second wave of Corona, vehicles in the month of July Huge increase in demand Has happened. Maruti Suzuki India (MSI), the country’s largest carmaker, reported a 50 per cent increase in sales to 1,62,462 units in July.

The company had sold 1,08,064 units in the same month last year. Domestic sales rose 39 per cent to 1,41,238 units from 1,01,307 units in the same month a year ago. Sales of the company’s mini cars – Alto and Wagon R – stood at 19,685 units in July 2020, up from 17,258 units in the year-ago period.

Auto sector picks up

Hyundai Motor India Limited’s (HMIL) sales rose 46 per cent to 60,249 units in July. The company had sold 41,300 vehicles in the same month last year. The company said in a statement that its domestic sales grew by 26 per cent to 48,042 units from 38,200 units in the same month a year ago. During the month, the company’s exports increased to 12,207 units.

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