India’s December Local Car Sales Rise 8.5%

Domestic sales of passenger cars in India rose 8.5 percent in December from a year ago, the Society of Indian Automobile Manufacturers or SIAM announced in New Delhi today.

================================================================================
                    Dec.      Nov.      Oct.     Sept.      Aug.      July
                    2011      2011      2011      2011      2011      2011
================================================================================
                 ----------------- Percent Change From Year Ago ----------------
Passenger cars      8.5%      7.0%    -23.8%     -1.8%    -10.1%    -15.8%
Trucks, buses      14.5%     35.0%     18.5%     18.0%     22.6%     23.7%
Two-wheelers        8.5%     25.3%      2.0%     24.3%     16.1%     12.6%
                 ------------------- Unadjusted Sales Level --------------------
Passenger cars   159,325   171,131   138,521   165,925   144,516   133,747
Trucks, buses     72,192    66,264    61,800    70,634    64,248    64,241
Two-wheelers   1,091,982 1,163,294 1,147,621 1,233,283 1,111,340 1,056,906
                 ---------------- Percent Change From Month Ago ----------------
Passenger cars     -6.9%     23.5%    -16.5%     14.8%      8.1%     -6.7%
Trucks, buses       8.9%      7.2%    -12.5%      9.9%      0.0%      3.6%
================================================================================
                    Dec.      Nov.      Oct.     Sept.      Aug.      July
                    2011      2011      2011      2011      2011      2011
================================================================================
                 ---------------- Percent Change From Month Ago ----------------
Two-wheelers       -6.1%      1.4%     -6.9%     11.0%      5.2%     -1.4%
================================================================================
SOURCE: Society of Indian Automobile Manufacturers.

To contact the reporter on this story: Manish Modi in New Delhi at mmodi6@bloomberg.net.

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net.

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