Country’s largest carmaker Maruti Suzuki has reported a 15 per cent jump in domestic sales of passenger vehicles (cars, utility vehicles and vans) in May. The company sold a total of 130,248 units in the domestic market against 113,162 units in same month last year.
Most segments of the products at Maruti reported strong growth. The utility vehicle segment jumped 66 per cent to 22,608 units while mini segment (Alto and WagonR) grew 18 per cent to 39,089 vehicles.
Compact segment, including Baleno, Ignis, Dzire saw an increase of ten per cent to 51,234 units. The company’s stock hit a