Auto Sales to Auto Traffic

Auto sales in India are rocketing upwards, but auto traffic on roads is at a grinding halt...

The Hindu : Business / Industry : Auto sales clock new record in September: "Domestic automobile sales clocked a new record of 13,29,086 units in September, driven by best ever monthly sales in passenger cars and motorcycles.

Society of Indian Automobile Manufacturers (SIAM) said sales beat expectations, but warned that the party could be spoiled, by a possible rate hike in November by Reserve Bank of India.

The industry had witnessed a total sales of 12,63,293 units in August this year. On an annual basis, vehicle sales in September grew by 21.63 per cent."