Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

India's auto sales jump 23.1% in Oct  Join our daily free Newsletter

MENAFN - 13/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The Society of Indian Automobile Manufacturers (SIAM)'s director general, Vishnu Mathur, stated that auto sales in the country grew by 23.1 percent last month from 2011's same period, reported Emirates 24/7.

Mathur said that around 172,459 vehicles were sold in the country, driven by strong demand during the festival season and a number of new introduced models.

He noted that the country has been facing a slowdown in demand, since some buyers preferred to suspend acquisitions as a result of expensive loans, high fuel costs and a downturn in economic growth.

It is worth noting that the October level is the highest since January 2011, when car sales jumped by 25 percent.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help