Koovie
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NEW DELHI: Most carmakers in the country reported double-digit sales growth in May, sending out signals that the worst negative period in the Indian auto market may have come to an end after two years of continuous slide.
Market leader Maruti Suzuki, Hyundai, Honda, Toyota and Ford have all sold more vehicles in the domestic market last month than in May 2013 on the back of improving consumer sentiment as well as the success of several new models in the market. Some companies such as Mahindra & Mahindra, Tata MotorsBSE -0.15 % and General Motors, however, continued to struggle in May.
Maruti SuzukiBSE 0.69 % India posted its best monthly domestic sales so far this calendar in May, selling 90,560 ..
Read more at:
Better sentiment, new models boost auto sales; Maruti Suzuki, Hyundai, Honda, Toyota and Ford see rise - The Economic Times
Market leader Maruti Suzuki, Hyundai, Honda, Toyota and Ford have all sold more vehicles in the domestic market last month than in May 2013 on the back of improving consumer sentiment as well as the success of several new models in the market. Some companies such as Mahindra & Mahindra, Tata MotorsBSE -0.15 % and General Motors, however, continued to struggle in May.
Maruti SuzukiBSE 0.69 % India posted its best monthly domestic sales so far this calendar in May, selling 90,560 ..
Read more at:
Better sentiment, new models boost auto sales; Maruti Suzuki, Hyundai, Honda, Toyota and Ford see rise - The Economic Times
