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Indian auto sales report |
Written by Carazoo Cars
Friday, 06 June 2008
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The passenger car sales are still boosting even after the prices of the cars have gone high. With the increase in the raw materials and hardening interest rates the prices of the cars have gone up between 2 and 5 per cent. Every car manufacturers have hiked their price for all the models. But looks like all these factors have not affected as the month of May saw the sales of passenger car rose on an average by 23 per cent. Another reason for car sales boost is launch of new models this year. With so many models from almost all the car makers has given a good push to the auto sales. The export sales also did not lag behind. Maruti's export sales figure registered a 41 per cent growth and the credit line goes to the its latest compact model Maruti Swift from A2 segment and recently launched Swift Dzire from A3 extension. The export sales of Hyundai also faced an impressive figure of raise in 57 per cent at 15,751 units. The company was able to hold on with the strong figures even after the higher interest rates. Recently launched i10 received good response from the buyers and soon the company will introduce the diesel version of i10. But again we cannot say that the car sales graph will remain on top as the people have just started feeling the pinch of car price hike and the fuel hike. Article Source: http://www.ArticleBlast.com |
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