Car sales in India declined by 12.45% to 1,73,420 units in January this year compared to 1,98,079 units in the same month of 2012, SIAM reportedly said.
Society of Indian Automobile Manufacturers (SIAM) reported that motorcycle sales in last month grew by 7.45% to 8,86,527 units from 8,25,050 units in the same month previous year.
Total two-wheeler sales in January 2013 increased by 8.46% to 12,06,937 units from 11,12,767 units in the same period of previous year, says SIAM.
India Infoline Research Team / 08:59, Sep 02, 2014
The indices are expect to open on a positive note. Some profit booking could always set in later in the day.