India’s Local Car Sales Up 13.2% In April
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India’s Local Car Sales Up 13.2% In April

By Reuters

  • 09 May 2011

Car sales in India rose 13.2 percent in April, an industry body said, driven by a growing middle class in Asia's third-largest economy, easier access to loans and a wider choice of models.

Indian automakers sold 162,825 cars in April, compared with 143,862 vehicles a year earlier, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Monday.

Sales of trucks and buses, a key pointer to economic activity, rose 8.2 percent to 53,202 units in April, SIAM said.

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