Maruti, Hyundai, TaMo report decline in wholesales in Sep

Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand.

Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 1,44,962 units compared to 1,50,812 units in the year-ago month.

The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift and WagonR, however, declined to 60,480 units compared to 68,551 units in the year-ago month.