All segments of the automobile industry in India recorded double-digit sales growth in November '17. Sales of passenger vehicles grew 14 percent, lowest among all segments, while those of motorbikes and scooters grew 23 percent. Sales of commercial vehicles were up by 50.4 percent. Business Standard reports that according to...
Auto sales rise 31 percent in 2010, will continue at 15 percent or better in 2011
The Society of Indian Automobile Manufacturers (SIAM) reported that 2010 sales climbed to 1.87 million cars from 1.43 million in 2009, a breathtaking increasing of 31 percent. Car sales are projected to rise to 3 million units a year by 2016, according to SIAM. Growth will not be as high...
Automotive market growth best in a decade
The Society of Indian Automotive Manufacturers reports a 64% increase in the sales of commercial vehicles for April 2010 compared to April 2009. 49,086 commercial vehicles were sold in India last month. The passenger vehicles segment in April 2010 grew at 34 percent over same month last year. Indian companies...