India's Maruti sees sales up 31 pct in FY 2011

Newswire

NEW DELHI, Dec 22 (Reuters) - India's top car maker Maruti Suzuki expects sales in this fiscal year to rise 31 percent from a year earlier, a top executive said on Wednesday, as vehicle demand surges in Asia's third-largest economy. The forecast is higher than Maruti's estimate in September, when it it said it expected to sell 1.2 million vehicles in fiscal year 2011, up nearly 18 percent from last year. Maruti's production output in December is likely to be lower than November, Chief ...

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