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Thursday, April 01, 2010

It's hot in India - Car Sales

Maruti Leads India Auto Sales Higher - WSJ.com: "But auto sales remained robust, with Maruti--India's biggest auto maker by sales--posting an 11% rise in March sales to 95,123 vehicles.

Local sales rose 8% to 79,530 vehicles, while exports surged 32% to a record 15,593 units, beating a previous monthly high of 14,847 posted in August 2009, the Indian unit of Japan's Suzuki Motor Corp. said.

But Maruti's small car sales, considered its bread-and-butter, slipped to 54,763 vehicles in March, down 1.2% from 55,415 a year earlier."

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