Tuesday, September 10, 2013

Car sales up 15.4 percent in August - industry body

- Car sales in India rose for the first time in 10 months in August, an industry body said, as top carmaker Maruti Suzuki\'s (MRTI.NS) sales surged on a lower base, even as slower economic growth, high fuel and interest costs weigh on demand.

Car-makers sold 133,486 cars in India last month, up 15.4 percent from a year ago, data from the Society of Indian Automobile Manufacturers (SIAM) showed on Tuesday.

Sales of motorcycles rose 3.8 percent in August to 795,378, while truck and bus sales were down 23.1 percent at 51,334 units, SIAM said.
News From: http://www.7StarNews.com

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