Car sales: Maruti Suzuki, Tata Motors end FY18 with double digit growth

Maruti Suzuki closed the year with 13.8% growth in passenger vehicles sales at a record 1.64 million units in domestic market

Maruti Suzuki and Tata Motors, the largest and fourth biggest player in domestic passenger vehicle (cars, vans and utility vehicles) market have closed the 2017-18 financial year with a strong double digit volume growth.

Maruti Suzuki, which commands 50% share of the market, has closed the year with 13.8% growth in passenger vehicles sales at a record 1.64 million units in domestic market. Its exports grew by less than 2% to 126,074 units. Overall volume growth for the year was 13.4% to 1.779 million units. In March, the last month of the financial year, the Suzuki-owned company recorded a growth