30-06-2012, 12:37 PM
BUDGET EXPECTATIONS
BUDGET EXPECTATIONS auto sector.pptx (Size: 977.9 KB / Downloads: 30)
During February, the country's largest car maker Maruti Suzuki India sold 94,118 vehicles, a jump of 7.13 per cent, over the same period last year.Rival Hyundai Motor India's sales grew by 12.78 per cent to 36,658 units, while Tata Motors' sales increased by 5.46 per cent to 28,236 units.
Market leader Hero MotoCorp witnessed a growth of 9.55 per cent at 4,70,994 units compared to the same month a year ago, SIAM said.Rival Bajaj Auto's sales decreased marginally by 0.59 per cent to 2,03,919 units from the same month last year.
Jeeps used for personal purpose accounted for 0.53 per cent and the same category of vehicle used for commercial purpose consumed 3.44 per cent, Sen added.Due to the big price difference between diesel and petrol, he said the demand for diesel passenger cars has increased over the years.