NEW DELHI - India's domestic sales and exports of cars, utility vehicles and vans for the 2004 fiscal year ended in March rose 19% to 1.23 million units, representing 98% capacity utilization. The industry is investing $9 billion to hike capacity to 1.8 million units by 2007, despite uncertainties that sales can keep pace. Even with high taxes, rising materials costs and growing interest rates, passenger-vehicle sales (including exports) in the period reached 1,227,703 units. Increased ...
Premium Content (PAID Subscription Required)
"Indian Auto Makers Accelerate; Tata Signs Off on Rover" 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!
Current subscribers, please login or CLICK for support information.