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September car sales may surge 14-15% on festive demand

This will be the third consecutive month of a double digit volume growth

September car sales may surge 14-15% on festive demand

Riding on strong festive demand, the passenger vehicle segment - cars, utility vehicles and vans -  is set to post a double-digit sales growth of 14-15 per cent in September. This will be the third consecutive month of a double-digit volume growth. Top three players - Maruti, Suzuki, Hyundai and M&M - are expected to post robust growth. Toyota, Renault and Nissan will also report gain in volumes. The growth is significant as the second half of September is marked by Shraadh, considered inauspicious for new purchases by many. Companies will announce September sales data on October ...