Maruti Suzuki has seen a major jump in the sales of its Alto range in June. The Indo-Japanese automaker sold 30,499 units of the Alto 800 and Alto K10 as compared to 17,311 units in May, which is an increase of 13,188 units.
We believe that a sudden spike in numbers for MSIL’s popular moniker is due to change in buyer sentiments. The arrival of the new Government and extended excise duty cut has brought hope for the industry that it will soon see a change in fortune.