Maruti Suzuki Sales Increases To 199,217 Units In October freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Passenger Vehicle Sales: In September, passenger vehicle (PVs) sales soared to 363,733 units. Simultaneously, the GST collections surged to a substantial INR 1.62 trillion, marking a remarkable 10.2% year-on-year (Y-o-Y) growth and securing its position as the third-highest ever recorded. Notably, the average monthly gross GST collection in the first half of the fiscal year 2023-24 stood at INR 1.65 trillion, reflecting an 11% increase compared to the same period in the previous fiscal year.
According to the company, it will file a reply before the adjudicating authority. “There is no impact on financial, operation or other activities of the company due to this show cause notice.”
The uptick was consistent across multiple vehicle categories, with 2-wheelers seeing a 6 per cent increase, passenger vehicles at 6.5 per cent, tractors rising 14 per cent, and commercial vehicles up by 3 per cent.
Maruti Suzuki India Limited on Friday announced that it recorded its highest ever monthly sales in August. The auto majors total sales grew by 14 per cent in August 2023 and stood at 1,89,082 units as compared to 1,65,173 units in August 2022.