Car sales sky rocket

The Indian car market is all set to top the world in the future and the phenomenon has already started with car sales sky rocketing. The sales reached at an annual high of 39.5 per cent in April this year. Usually in April buyers are subdued after bunched purchases at the close of the financial year in March to take advantage of tax breaks on depreciation.

Published On Jun 08, 2010 13:08 IST

Published OnJun 08, 2010 13:08 IST

Last Updated OnJun 08, 2010 13:08 IST

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The figures are very encouraging with domestic sales at 143,976 in April against last year’s 103,227 a year ago. Market leader Maruti Suzuki sold 80,034 units as per the figures of the Society of Indian Automobile Manufacturers (SIAM).

Players like General Motors India and Toyota Kirloskar saw a 50 per cent jump in year-on-year sales. Toyota sold 420 units in the MUV segment in Chennai alone.

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Ritesh

<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p> <p>Another side of his creative life is easily visible the photography that he carries out in order to serve the CarDekho news readers with the latest and natural pictures of newly launched cars. Additionally, he is the one who foresees all auto news articles that are to be published making it sure that CarDekho readers get the latest and the best automotive news first. "Life is a highway, keep driving", Says Ritesh.</p>Read more