BackSept car sales fall 1.8%: Siam
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10 Oct 2011, 03:24 PM IST
Sept car sales fall 1.8%: Siam
PremiumVisitors inspect cars on display at a stall, during the “Auto Expo”, at the Pragati Maidan exhibition hall in New Delhi. Photo: AFP
New Delhi: Car sales fell 1.8% in September, an industry body said on Monday, as rising interest rates and vehicle costs hurt demand in the world’s second-fastest growing auto market after China.
Visitors inspect cars on display at a stall, during the “Auto Expo, at the Pragati Maidan exhibition hall in New Delhi. Photo: AFP
Sales of trucks and buses, a key pointer to the country’s economic activity, rose 18.05% to 70,634 in September, SIAM said.
Demand for cars had shrank in July for the first time in nearly three years.
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Published: 10 Oct 2011, 03:23 PM IST
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