Indian car makers drove good sales in October

Chennai : With the festive season on, car makers, leading with Maruti Suzuki India Ltd, closed October with good sales numbers.
However, the shortage of electronic components had put brakes on the overall sales.
According to Maruti Suzuki, it had sold a total of 167,520 units (domestic 143,250 units, sales to other car makers 3,822, exports 20,448 units) in October 2022 up from 138,335 units (domestic 112,788 units, sales to other car maker 4,225 units, exports 21,322 units).
Hyundai Motor India Ltd sold 58,006 units (domestic 48,001 units, exports 10,005 units) last month as against 43,556 units (domestic 37,021 units, exports 6,535 units) sold in October 2021.
Also Read Bajaj Auto logs lower sales in October Utility vehicle major Mahindra and Mahindra Ltd said it had sold 32,298 passenger vehicles last month in the domestic market, up from 20,130 units sold in October 2021.
On the other hand, Tata Motors Ltd said it had sold 45,423 passenger vehicles last month (34,155 units sold in October 2021).