Sensex 27458.64 1.06 0%
Nifty 8341.4 -0.75 -0.01%
Reports said that the company had sold 5,40,276 units in December 2011.
Commercial Vehicle (CV) sales was up 9% at 45,596 units in the month.
Domestic sales in December 2012 were 26,697 units against 29,516 units in the corresponding month last year. Aggregate sales were 47,833 units against 49,050 units last year.
Mercedes-Benz India achieved segment benchmark in terms of overall sales in luxury cars in India (The range of cars priced upwards Rs 30 Lakhs).
Domestic sales in December 2012 stood at 13712 units, as against 15315 units during December 2011.
The 4 wheeler commercial segment which includes the passenger and load categories registered a sale of 13706 units, while the 3 wheeler segment clocked 5209 units in December 2012.
Ford India’s exports rose to 4,382 cars last month – the highest-ever exports in its history, and have more than doubled from the 1,685 units exported in December last year.
Motorcycle and scooter segments have led the declines contracting by 13.3% yoy and 16.5% yoy respectively
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.