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Acquisitions, organic growth lift AutoWallis sales in Q1-Q3

Automotive

Acquisitions made last year, as well as organic growth, boosted listed car seller AutoWallis's sales in January-September this year, the company said in a report on Friday, according to a report by state news wire MTI.

The preliminary report shows sales of AutoWallis's wholesale division rose 325% year-on-year to 12,386 in Q1-Q3.

New car sales of the company's retail division rose 185% to 5,201, while used car sales increased 55% to 1,205.

AutoWallis mechanics booked 95,191 service hours, up 128%.

The company's car rental business signed contracts for 123,016 days, 101% more than in the base period.

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