Wednesday, June 9, 2010

India vehicle sales jump 39 per cent in May

Vehicle sales in India jumped 39 per cent in May as rising incomes drove up demand despite higher costs and Ford's new made-for-India Figo compact enjoyed a strong launch.

Car sales rose 30.5 per cent to 148,481 vehicles in May while commercial vehicle sales surged 57.7 per cent to 48,580 vehicles, the Society of Indian Automobile Manufacturers, an industry group, said.

Read more on this news in Economic times.

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