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Business trends

Maruti Suzuki sees marginal sales growth in January amid slowing India car demand

Tighter credit and weak economic outlook hurt automakers

Total sales including exports fell 1.6% to 158,076 units last month, the company said in a statement on Monday.   © Reuters

MUMBAI (NewsRise) -- Maruti Suzuki India's sales in January barely grew as slowing demand for passenger cars amid a weak macroeconomic environment weighed on the nation's largest carmaker.

Total sales grew 0.2% to 151,721 units last month, the Suzuki Motor unit said in a statement on Friday. Domestic sales of Maruti's cars, minivans, and sport-utility vehicles grew just 1.1% to 142,150 units.

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