Fairval

Notes on Indian equities, sectors and economy

More signs of slowdown – Auto sales

Posted by fairval on September 2, 2008

Car sales have now turned negative over last year. Maruti’s sales are down 9%, Tata Motors 6%. Hyundai seems to have grown 34% though.

Two wheelers are showing growth, indicating some signs of consumers postponing a car purchase decision, and opting for two wheelers instead.

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