In its financial audit report, Maruti stated that, the results of this quarter have to be viewed in the context of particularly weak market conditions. While SIAM had forecast a passenger vehicle domestic market growth of 8~10% for the year, Industry could grow by 4.4% in the first 3 quarters of the year and declined in the third quarter by 0.8%. Maruti grew by 7.2% in the first three quarters and by 0.4% in the third quarter in unit wholesales.