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Maruti Suzuki Getting Strong Demand for SUV, Sales Increase 21 Percent in October, Tata Motors, Kia, Tesla

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Maruti Suzuki, one of the largest automobile companies, sold 1,77,266 units in October. This is a growth of 21 percent compared to the same period last year. Brezza and Grand Vitara are performing well for the company in the SUV segment.

Last month Maruti Suzuki sold 59,147 units in the utility vehicle segment. In the same month last year, this segment had sold 59,147 units. Company Sales of the company were 30,971 units. In the first seven months of this financial year, the company’s passenger vehicle sales increased to 10,41,154 units, which was 9,34,887 units in the same period of the previous financial year. Recently Maruti Suzuki launched Jimny SUV. It is getting a good response from the customers. However, the company’s small cars are not getting any sales. Sale There is a decline in the sales. Recently, Maruti Suzuki Chairman, RC Bhargava had said that unless the government reduces taxes, there will be no recovery in the sales of small cars.

A few months ago, the company was facing difficulties due to the shortage of semiconductors. The supply of semiconductors has improved for Maruti Suzuki. The company’s profit has increased by about 80 percent in the last quarter. The company has earned a profit of about Rs 3,717 crore between July and September. Maruti Suzuki’s profit in the same period last year was Rs 2,062 crore. The company has said that the major reason for the increase in profit is the strong demand for its sports utility vehicles (SUV). Apart from this, the company has also benefited from some reduction in input costs.

Maruti Suzuki has SUVs like Grand Vitara, Fronx, Jimny and Brezza. The demand for its utility vehicles like Ertiga has also increased. Recently, the company achieved the milestone of selling 10 lakh automatic vehicles. Automatic transmission system is offered in 16 models of the company. Maruti Suzuki had said that the customers of its NEXA retail chain prefer high-end automatic variants. It has a share of about 58 percent in the sales of the company’s automatic cars.

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