Maruti Suzuki’s total sales slips 1.1% in July

Aug 1, 2020
New Delhi Automobile major Maruti Suzuki on Saturday reported a marginal year-on-year decline of 1.1 per cent in total sales during July 2020.

Accordingly, the company’s total off-take declined to 108,064 units from 109,264 units sold during July 2019.

The total sales include 100,000 units off-take in the domestic market and 1,307 units to other OEM.

As per a company statement, exports during the period under review fell to 6,757 units from 9,258 units being shipped out in July 2019.

“Maruti Suzuki India Limited posted total sales of 108,064 units in July 2020. This is a growth of 88.2 per cent over June 2020 and a fall of 1.1 per cent over July 2019,”

“This includes domestic sales of 100,000 units and 1,307 units for o ther OEMs in the domestic market. In addition, the company exported 6,757 un its in July 2020.”IANS

Maruti Suzuki reduces car prices up to Rs 1.29 lakh post GST reforms

New Delhi: Passing on the full benefit from the recent decrease in the GST rates on cars to customers, Maruti Suzuki announced a significant reduction in car prices across its...

India a miracle success story, we’re capable of overcoming all challenges: CEA Nageswaran

New Delhi: India's Chief Economic Adviser V. Anantha Nageswaran on Thursday hailed the country's growth story, saying nowhere in the world, a nation of this sheer size and diversity is...

Rupee opens stronger below 88 after 2 weeks as India-US trade talks resume

Mumbai: The Indian rupee opened 23 paise stronger on Wednesday, trading at 87.82 against the US dollar buoyed by renewed trade discussions between India and the United States. The rupee...

Gold prices surge to record high amid safe haven demand

New Delhi: Gold prices reached record high on Tuesday, surpassing the Rs 1,10,000 mark due to increased safe-haven demand amid global geopolitical tensions and anticipation of a US Federal Reserve...

NPCI raises daily UPI payment limit on P2M transactions to Rs 10 lakh

Mumbai: The National Payments Corporation of India (NPCI) has raised the Unified Payments Interface (UPI) transaction limits for person-to-merchant (P2M) payments to up to Rs 10 lakh in 24 hours...

Mcap of 8 most valued firms jumps by Rs 1.69 lakh crore amid market rally

New Delhi: The combined market value of eight of the country’s top-10 most valuable companies increased by Rs 1.69 lakh crore last week, in line with the positive trend on...

Gold and silver prices hit record high this week amid global uncertainty

New Delhi: Gold and silver prices continued their upward march this week, scaling fresh all-time high as concerns over US tariffs and heightened geopolitical tensions kept safe-haven demand strong. According...

Key takeaways from SEBI’s move to ease IPO, mutual fund, FPI regulations

Mumbai: The Securities and Exchange Board of India (SEBI) has approved several regulatory changes simplifying IPO norms and foreign portfolio investing rules, as well as making entry norms for advisory...

Pfizer, Moderna shares slump as US govt plan to link Covid vaccines to child deaths: Report

Mumbai: Shares of US pharma giants fell over 3 per cent following reports indicating that the US health administration officials intend to associate coronavirus vaccines with the deaths of 25...

DIIs buying, GST reforms support Indian equity market in August amid FIIs’ exodus

New Delhi: Domestic institutional investor (DII) buying, optimism around GST rationalisation, coupled with a resilient Q1 GDP data and rally in automobile stocks has deferred a big correction in the...

US SEC gives exemptive relief for Infosys share buyback

New Delhi: Indian IT giant Infosys has obtained exemptive relief from the US Securities and Exchange Commission for its Rs 18,000 crore buyback, according to its notification to the exchanges....

Nepal’s trade with China grew but India remains largest partner

New Delhi: India’s geographic proximity, long-standing trade treaties, duty-free access for many goods, and seamless land transit routes have made it Nepal’s largest trade partner. By contrast, trade corridors linking...

Read Previous

Covid-19 vaccine will be ‘reality’ by year-end: Fauci

Read Next

TV anchor who interviewed Kailash Kher on positivity hangs self in Delhi

WP2Social Auto Publish Powered By : XYZScripts.com