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India’s January Local Car Sales Rise 7.2%

Domestic sales of passenger cars in India rose 7.2 percent in January from a year ago, the Society of Indian Automobile Manufacturers or SIAM announced in New Delhi today.

================================================================================
                    Jan.      Dec.      Nov.      Oct.     Sept.      Aug.
                    2012      2011      2011      2011      2011      2011
================================================================================
                 ----------------- Percent Change From Year Ago ----------------
Passenger cars      7.2%      8.5%      7.0%    -23.8%     -1.8%    -10.1%
Trucks, buses      13.5%     14.5%     35.0%     18.5%     18.0%     22.6%
Two-wheelers       13.6%      8.5%     25.3%      2.0%     24.3%     16.1%
                 ------------------- Unadjusted Sales Level --------------------
Passenger cars   196,013   159,325   171,131   138,521   165,925   144,516
Trucks, buses     69,859    72,192    66,264    61,800    70,634    64,248
Two-wheelers   1,113,831 1,091,982 1,163,294 1,147,621 1,233,283 1,111,340
                 ---------------- Percent Change From Month Ago ----------------
Passenger cars     23.0%     -6.9%     23.5%    -16.5%     14.8%      8.1%
Trucks, buses      -3.2%      8.9%      7.2%    -12.5%      9.9%      0.0%
================================================================================
                    Jan.      Dec.      Nov.      Oct.     Sept.      Aug.
                    2012      2011      2011      2011      2011      2011
================================================================================
                 ---------------- Percent Change From Month Ago ----------------
Two-wheelers        2.0%     -6.1%      1.4%     -6.9%     11.0%      5.2%
================================================================================
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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