India car sales to grow at 9.5 pct by 06/07-report


NEW DELHI, Dec 23 (Reuters) - India's new passenger car sales are likely to grow at a compounded 9.5 percent to cross the 900,000-mark in the year to March 2007 due to rising incomes and cheaper finance, a research report said on Monday. CRIS INFAC, a research subsidiary of rating agency CRISIL Ltd , said demand in the nearly 600,000-unit a year market would also be boosted by a possible cut in excise duties, a wider menu of models and longer repayment periods. Taxes and levies make up ...

Premium Content (PAID Subscription Required)

"India car sales to grow at 9.5 pct by 06/07-report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×