GROWTH IN AUTOMOBILE SALES
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Many of the automakers in India seem to be cruising fast on the growth highway. I was looking at the April figures of a few car and bike companies that was announced in the last few days, and a lot of them have a good story to tell.Skoda reports 54% growth in vehicle sales
Tata Motors - 51%
TVS Motors - 35%
Bajaj - 37%
Hyundai - 30%
Honda - 27%
Of course, there are a few who don't have such exciting numbers, but no one has a sad story. It's the market leaders in both cars and bikes who seem to be going a bit slow.
Maruti - 13%
Hero Honda - 6%
posted by Arun at 7:55 AM
2 Comments:
I agree with you. Are these companies offering diesel-powered vehicles? You see, some studies have shown that these diesel machines are going to be helpful in bringing up sales.
Not really. But diesel vehicles always had a lead in India because it is priced at around 25% less than petrol.
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