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Business News/ Companies / November car sales rise 7%: Siam
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November car sales rise 7%: Siam

November car sales rise 7%: Siam

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New Delhi: Car sales in India rose an annual 7% in November, the first monthly rise in five, an industry body said on Thursday, as the industry rebounded strongly from the biggest fall in over a decade the month before.

Indian automakers sold 171,131 cars last month, according to data released by the Society of Indian Automobile Manufacturers (Siam).

Sales of trucks and buses, a key pointer to the country’s economic activity, rose 35% to 66,264 vehicles, Siam said.

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Published: 08 Dec 2011, 10:04 AM IST
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