Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / India

Car Sales Surge In Pre-Budget Buying

March 2010 | Industry Trend Analysis

Consumers sent Indian car sales soaring in February as they anticipated an increase in excise tax that was confirmed in the federal budget at the end of the month. Record sales figures were achieved by some of India's carmakers during February due to fears of the price increase combined with a sustained period of cheap debt, Agence France Presse

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