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Maruti Suzuki picks up pace, sales grow 20% in July
Country’s largest carmaker Maruti Suzuki India (MSI) today reported 20.1 per cent rise in total sales in July at 1,21,712 units.
It had clocked sales of 1,01,380 cars in July 2014.
The company said its domestic sales increased 22.5 per cent last month to 1,10,405 units, as against 90,093 units a in July last year.
Sales of mini segment cars, including Alto and WagonR, increased 31.3 per cent to 37,752 units compared with 28,759 units in the year-ago period, MSI said in a statement.
AdTech Ad Country's largest carmaker Maruti Suzuki India (MSI) today reported 20.1 per cent rise in total sales in July
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire rose 13.9 per cent to 48,381 units in July this year as against 42,491 units last year.
MSI said compact sedan Dzire Tour stood out as sales rose by over two-fold during the month under review to 3,370 units as against 1,299 in July 2014.
The sales of company’s mid-sized sedan Ciaz, which was launched in October 2014, stood at 2,099 units. The company had sold 233 units of SX4 sedan in July 2014. There was no sale of premium sedan Kizashi during the month.
Utility vehicles, including Gypsy, Grand Vitara and Ertiga, saw a sales growth of 22.8 per cent at 6,916 units in July this year, from 5,631 units in the corresponding month last year.
Sales of vans — Omni and Eeco — rose 1.8 per cent to 11,887 units in July this year as against 11,680 units in the same period of the previous year.
Exports during the month rose marginally to 11,307 units compared with 11,287 units in July last year, MSI said.
Prime Minister mulls over development proposals
The event was jointly held by the Ministry of Foreign Affairs and the Vietnam Initiative. Deputy Minister of Foreign Affairs Nguyen Quoc Dung reaffirmed the Vietnamese State’s commitment to building a constructive government marked by integrity, especially when the country is in the transitional period of changing its growth model. Three related matters were discussed at the roundtable, namely, Vietnam’s position in the global value chain, Vietnam’s industrialisation policies in the future, as… chat_bubble_outline Read More...
Trump touts urban policy following detour to open new hotel
By Steve HollandCHARLOTTE, N.C. (Reuters) - Republican presidential candidate Donald Trump, in an appeal on Wednesday to African-Americans and working-class voters, promised "21st century" banking industry reforms and tax changes to spur job creation and investment in blighted communities.Delivering an urban policy speech two weeks before the Nov. 8 election, Trump highlighted his plan to ease access to bank credit for young blacks trying to start businesses and create jobs in their… chat_bubble_outline Read More...
Alaska Air to get antitrust approval for Virgin deal soon: source
An Alaska Airlines plane is shown on final approach to land in San Diego, California April 4, 2016. REUTERS/Mike Blake(Reuters) - Alaska Air Group Inc is likely to get the U.S. Justice Department's approval for its $2.6 billion acquisition of Virgin America Inc soon, a person close to the deal told Reuters.Separately, a government official said an announcement of the approval was scheduled for Tuesday, but neither source said what conditions would be put on the deal.Experts had previously… chat_bubble_outline Read More...
Women win new seats on Oman municipal councils
Muscat (AFP) - Seven women were elected to Oman municipal councils, according to vote results released Monday by the interior ministry, a day after the Gulf sultanate held its second ever local election.Voters across the country went to the polls on Sunday to choose 202 councillors from among 731 candidates for 11 municipalities, including the capital Muscat.There were 23 women candidates, and seven won seats on local councils -- three more than in the previous election.In 1994, Oman became the… chat_bubble_outline Read More...
Senate set to vote on 10-year extension of Iran sanction law
WASHINGTON (AP) — The Senate is moving ahead on legislation that would renew a decades-old law that allows the United States to slap companies with economic sanctions for doing business with Iran.A vote is scheduled Thursday on a 10-year extension of the Iran Sanctions Act. The bill's backers say extending the law allows the U.S. to punish Tehran should the country fail to live up to the terms of the landmark nuclear deal.If the Senate approves the House-passed bill, it will be sent to… chat_bubble_outline Read More...