India car sale record 34 per cent jump in October
The domestic passenger car sales registered a healthy 34 per cent jump in October on continuing festive demand, while sale of commercial vehicles soared 52 per cent,
The growth in October is the biggest percentage gain since February 2007.figures released by the Society of Indian Automobile Manufacturers (SIAM) The easing loan rates, new models and a slew of festivals boosted demand.October sales climbed 34% to 132,615 cars from 99,052 a year earlier,
This year, 12 of the 16 car makers in India posted rises in October sales.
In the passenger car segment during October, sales of the market leader Maruti Suzuki India increased by 21.50 per cent to 63,365 units from 52,153 units in the year-ago period.
Hyundai Motor India, India’s second largest carmaker after Maruti Suzuki, reported a 41.50 per cent growth at 28,301 units, SIAM said.Tata Motors’ sales went up 24.52% to 17,557 units last month from 14,100 units in October last year.
Admin
Related posts:
- India car sale report in October 2010
- India TV advertising by the automobile sector saw a 33 per cent jump in 2009
- Maruti Suzuki , Hyundai india expect Dec sales to jump 30%
- India car sale report by maker in september 2010
- India car sale report in March 2010 by brand
- India car sales report in February 2011
- Maruti Suzuki India Limited has reported a 33.3 per cent rise in sales in January
- Maruti sales at record high as cars buck usual dip
Leave a Reply