Automobiles & Vehicles from All over World,Buy and Search New,Old Vehicles

automobiles, automobiles in india, world automobiles, vehicles, auto news, vehicle reviews, automobile 2011, auto info, cars in india, new cars in india, latest cars in india, car in india, india car, indian cars, car market, car company, india car company, car models, car models in india, new car models, car in jaipur, car in delhi, car in mumbai, car market in india, user car market in india, used cars, sale your car, your dream car, search your car, search car in india, sale car, purchase car, buy car, new cars, used cars, old car, india car company, indian car company, audi, bmw, chevrolet, maruti, maruti suzuki, mercedes benz , mercedes benz in india, jaguar, tata cars, tata motors, general motors, skoda, skoda india, reva, electric car in india, hyundai, hyundai cars, i10, i20, verna, santro, santro xing, tucson, sonata, sonata transform, santa fe,a4, q7, q5, x6, x5, 5 series, 3 series, gl class, sls class, amg, mahindra, cars, scorpio, bolero, getaway, volkswagen, jetta, passat, polo, hindustan motors, ambassador, yeti, octavia, laura, superb, fabia, buggati, ford, fiat, veyron, ikon, endeavour, bentley, jaguar, lamborghini, gallardo, maybach , mitsubishi, pajero, nissan, porsche, rolls royce, volvo, auto guide

Saturday, 10 September 2011

Automobile industry failed to geared up in Festive season too

Domestic car sales decreased more for the second consecutive month in August, down from 10% to 144,156 units against 160,713 units sold a year ago, as rising interest rates on car loans and high fuel costs have continued to dampen demand.
Despite the start of the festival season, many big car makers reported a fall in production of popular models to streamline the inventory of dealers.

Data published by the Society of Indian Automobile Manufacturers (Siam) presented that only 1143 units of the Tata Nano have been made against the August 7,7,39 units in the same month last year, whereas the General Motors India has produced only 660 units of the Spark (2497) Hyundai Santro production was 9356 units (12 149) while the combined production of M800, A-Star, Alto and WagonR was lower by about 20 000 to 53 450 units (73,766).

The popular Ford Figo was even suffering, with production to 6935 units (7621) while the combined Tata Indica and Indigo CS has 11,233 units (12,381).
 If we look at the big picture, Maruti Suzuki India's production of passenger vehicles (cars and UV) is down almost 22% to 83,338 units while Tata Motors passenger vehicles produced 27% less at 22 752 units.Vcommindia News

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)