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Slow start for car sales in 2015, excise hike hits demand in January

2015-02-03 07:47:52| Auto Dealers - Topix.net

General Motors India reported a 16.01 per cent decline in sales at 4,667 units in January as against 5,557 units in the same month last year. Hit by price hikes following withdrawal of excise duty concessions, car sales in India began on a tepid note this year with main players Maruti Suzuki and Hyundai posting single digit growth in January, while others like GM India and Ford saw decline in sales.

Tags: in start january sales

Category:Automotive

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