Market leader Maruti Suzuki and Hyundai Motors, which led the growth charts during October, stated that sales during the traditionally auspicious days around Diwali were the best ever in their history.
Softened lending rates and attractive benefits offered by companies pushed the aggregate sales of the industry to 154,476 units during the month, an increase of nearly 30 per cent over 120,050 units reported in the same month a year ago, according to company sales figures for last month.
Initial sales figures (from volume-generating companies like Maruti, Hyundai, Tata Motors and others) are even higher when compared with the preceding September month, when the industry had generated the best monthly sales in the year.
