Maruti Suzuki’s Car Sales Decline 33% in August

(Bloomberg) -- Car sales at Maruti Suzuki India Ltd., the nation’s biggest car maker, dropped 33% to 106,413 units, the company said in a press statement Sunday.

Deliveries of its small cars fell about 72% to 10,123, while exports declined 10.8% to 9,352.

Car sales dropped 34% in July, the biggest decline in sales in almost seven years, as a slowdown in consumer spending, the largest driver of growth in the $2.7 trillion economy, became more pervasive.

To contact the reporter on this story: Kartik Goyal in Mumbai at kgoyal@bloomberg.net

To contact the editors responsible for this story: Shamim Adam at sadam2@bloomberg.net, Gregory Turk

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