Maruti sees new launches, government steps putting sales back on track
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India, Aug. 22 -- Maruti Suzuki India Ltd expects vehicle sales to recover in the forthcoming festival season buoyed by new product introductions and expectations of some favourable government decisions.
"At this stage, everybody is hoping that this festive season will be better than last year and at this stage, one can only hope. The new launches will not be able to turn the market around but will be able to make some changes," said R.C. Bhargava, chairman, Maruti Suzuki. "How the festive season turns out will also depend on some measures taken by the centre and state governments."
A roll back of the proposal of the Union government to raise registration charges of new vehicles within a few days will be a boost to the industry, Bhargav...
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