Mexican Media Brands
India’s Car Market Improves
Passenger vehicle sales in India grew about 1% year to 160,700 units in February compared with a year earlier, according to the Society of Indian Automobile Manufacturers.
#economics
Share
Passenger vehicle sales in India grew about 1% year to 160,700 units in February compared with a year earlier, according to the Society of Indian Automobile Manufacturers.
Analysts say the modest improvement suggests that government tax cuts on vehicles were able to overcome consumer worries about India's sluggish economy and high fuel prices.
Sales by market leader Maruti Suzuki advanced about 1% to 84,600 units in February. SIAM notes that car sales through the first 11 months of the fiscal year that began last April totaled 1.6 million units, down nearly 5% year on year.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data