SML ISUZU records 16% YoY sales surge in September 2023

SML ISUZU records 16% YoY sales surge in September 2023

SML ISUZU Ltd Delivers Strong Sales Performance in September 2023

SML ISUZU Ltd, a leading player in the automotive industry, has unveiled its impressive sales figures for the month of September 2023. The company proudly reports that it has recorded a remarkable 16% increase in sales, with a total of 872 units sold in September 2023, compared to 752 units in the same month of the previous year, highlighting the brand’s continuous growth and market presence.

Cargo Vehicle Segment Thrives

In a significant development, SML ISUZU achieved a notable 7% YoY sales surge of cargo vehicles in September 2023. The company reported the sale of 341 cargo vehicles during the month, compared to 318 units in September 2022. This growth in the cargo vehicle segment signifies the brand’s commitment to meeting the diverse transportation needs of its customers.

Passenger Vehicle Sales Soar

SML ISUZU also achieved substantial growth in its passenger vehicle segment, with a remarkable 22% increase in sales during September 2023. The company proudly reported the sale of 531 passenger vehicles, compared to 434 units sold in September 2022. This significant uptick in passenger vehicle sales reflects the brand’s dedication to providing high-quality vehicles that cater to both commercial and personal transportation needs.

Consistent Year-Over-Year Growth

In addition to the outstanding performance in September 2023, SML ISUZU has maintained consistent year-over-year growth throughout the year. From April 2023 to September 2023, the company reported a total sales figure of 7,133 units, in contrast to 6,285 units during the same period in the previous year. This impressive 13% year-over-year growth demonstrates SML ISUZU’s sustained commitment to delivering excellence and value to its customers.

About SML Isuzu:

SML Isuzu Limited, founded in 1983, is a prominent commercial vehicle manufacturer. The company specializes in the production and sale of buses, ambulances, and customized vehicles. Sumitomo Corporation and Isuzu Motors collectively hold a 44% and 15% stake in the company, respectively.

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