India auto sales for 2011 ended at 1.95 mln, neighbour to the same number a year ago instead of growing thru a bad year for sales and unlikely to grow further on a good Jan Fenb March 2011 till the end of the Fiscal according to he Industry watchdog SIAM report (Reuters)

The forecast for the Fiscal 13 ( till march 2013) moves to a 10% growth after a 30% 2010 and a 0-3% 2011

Commercial vehicles had a better time, December sales of 72k vehicles making the yearly total of 775k , 11% higher than 2010 and enroute to growing by 20% this year , we'd say look for the millionth bus/truck sold in FY13

 

 

 

Posted via email from The India Investment Post