SML Isuzu total sales up 37% in December

The company's passenger vehicle sales jumped 161% on year to 570 units. However, sales of cargo vehicles fell 19% on year to 389 units

FPJ Web DeskUpdated: Monday, January 02, 2023, 02:25 PM IST
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SML Isuzu total sales up 37% in December | Image credit: SML Isuzu (Representative)

SML Isuzu Ltd. reported a 37% year-on-year increase in total sales in December, owing to a strong performance in the passenger vehicle segment.

During the month, the company sold 959 vehicles, as against 701 sold in the year-ago period.

Sales of passenger cars increased by 161% year over year to 570 units for the company. Cargo vehicle sales, meanwhile, decreased by 19% year over year to 389 units.

Isuzu Motors owns 15% of SML Isuzu while Japan-based Sumitomo Corp owns 44% of the business.

Sales at SML Isuzu increased 82% year over year to 8,549 vehicles from April through December.

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