Maruti Suzuki sees uptick in December bookings
In rural areas Maruti saw a growth of 18 percent in sales in December against a dip of 11 per cent in November despite cash crunch in these areas.
By : DC Correspondent
Update: 2016-12-23 19:21 GMT
New Delhi: Indian carmaker Maruti Suzuki on Friday said that after contraction in bookings in November due to demonetisation, it saw 7 per cent positive growth in December.
In rural areas Maruti saw a growth of 18 percent in sales in December against a dip of 11 per cent in November despite cash crunch in these areas.
Maruti sales are high in rural areas despite the fact that a large percentage of people here prefer to buy new vehicle through cash when compared to urban areas. The double-digit growth in sales in rural areas is contrary to reports of cash crunch following note ban.