India’s February Local Car Sales Rise 13.1%

Domestic sales of passenger cars in India rose 13.1 percent in February from a year ago, the Society of Indian Automobile Manufacturers or SIAM announced in New Delhi today.

================================================================================
                    Feb.      Jan.      Dec.      Nov.      Oct.     Sept.
                    2012      2012      2011      2011      2011      2011
================================================================================
                 ----------------- Percent Change From Year Ago ----------------
Passenger cars     13.1%      7.2%      8.5%      7.0%    -23.8%     -1.8%
Trucks, buses      18.7%     13.5%     14.5%     35.0%     18.5%     18.0%
Two-wheelers       12.0%     13.6%      8.5%     25.3%      2.0%     24.3%
                 ------------------- Unadjusted Sales Level --------------------
Passenger cars   211,402   196,013   159,325   171,131   138,521   165,925
Trucks, buses     76,891    69,859    72,192    66,264    61,800    70,634
Two-wheelers   1,144,500 1,113,831 1,091,982 1,163,294 1,147,621 1,233,283
                 ---------------- Percent Change From Month Ago ----------------
Passenger cars      7.9%     23.0%     -6.9%     23.5%    -16.5%     14.8%
Trucks, buses      10.1%     -3.2%      8.9%      7.2%    -12.5%      9.9%
================================================================================
                    Feb.      Jan.      Dec.      Nov.      Oct.     Sept.
                    2012      2012      2011      2011      2011      2011
================================================================================
                 ---------------- Percent Change From Month Ago ----------------
Two-wheelers        2.8%      2.0%     -6.1%      1.4%     -6.9%     11.0%
================================================================================
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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