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Monsoon hope revs up rural car sales; Maruti leads with 30% volume growth

Hyundai sold 18,337 vehicles in April-June, up 23% from the 14,879 vehicles in same quarter a yr ago

Ajay Modi  |  New Delhi 

Car sales in rural areas during the first quarter have grown in double digits on expectations of a normal monsoon. Market leader Maruti Suzuki reported 30 per cent growth in sales volume in the rural market and Hyundai clocked 23 per cent. For both companies, which together control about 67 per cent of the Indian car market, the pace of growth in rural markets is significantly higher than overall sales growth. Maruti Suzuki sold 134,624 vehicles in rural markets during April-June, up 30 per cent from the 104,059 vehicles sold in the same quarter a year ago. The company’s ...

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