Business Daily from THE HINDU group of publications
Tuesday, Oct 20, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, Oct 20, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Cars Marketing - Trends Car sales sparkle in Diwali weekend Manu P. Toms Mumbai, Oct. 19 This has been a heady Diwali weekend for carmakers which could pave the way for good sales numbers this month. Market leader Maruti Suzuki sold 10,000-12,000 cars in three days from Dhanteras to Diwali, considered an auspicious period for buying. “Sales were exceptionally good during this Diwali. Given the fact that the same month last year was slowdown-hit, this October seems to show good growth,” said Mr Shashank Srivastava, Chief General Manager, Maruti Suzuki. Mr Arvind Saxena, Senior Vice-President, Hyundai Motor India, said the three-day period from Dhanteras to Diwali saw sales up by 50-60 per cent. “Right from Navaratra, sales were good this festival season. All our models, especially the i10 and i20 are doing well,” he said. General Motors India clocked sales of 2,000 units in the three-day period thanks largely to the Spark and the recently launched Chevrolet Cruze. “We have received 1,200 bookings for the Cruze so far and will be able to deliver 800 cars this month,” said Mr P. Balendran, Vice-President, Corporate Affairs. Premium car manufacturers Honda too posted good sales. “On Dhanteras alone we sold 1100-1200 cars. In fact, in some cases our dealers could not meet the demand,” said Mr Jnaneswar Sen, Vice President, Honda Siel Cars India Ltd. With ten days still to go, carmakers hope that October numbers would show substantial year-on-year growth. Maruti powers car sales into fast lane in August Passenger vehicle makers move into top gear More Stories on : Cars | Trends
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