October sales rise for automakers, festive buying propels domestic numbers

Festive boost, alongside the pent-up demand and purchase from first time buyers, saw all major auto manufacturers report a jump in their domestic sales in October. While Maruti Suzuki India Ltd (MSI) announced a 17.6 per cent rise in its domestic passenger vehicle sales at 1,63,656 units in October, Hyundai Motors announced its highest ever monthly sale of 56,605 units in the domestic market, witnessing a 13.2 per cent growth over the corresponding month last year.

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