Auto industry may miss 2011/12 sales target - industry body

Published on Wed, Feb 08, 2012 at 11:26 |  Source : Reuters

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

NEW DELHI (Reuters) - India's auto industry may miss a car sales growth expectation of 0-2 percent in the fiscal year that ends in March if sales continue at their current pace, an industry body executive said on Wednesday.

Car sales in India rose an annual 7.2 percent in January, an industry body said, the third consecutive monthly rise, but still lag sales from last year by 1.2 percent.

(Reporting by Sanjeev Choudhary; editing by Malini Menon)

  

Trending News

Business News

RIM teams up with Docomo, brings free calls to BlackBerry users
Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7% "Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7%"

Truce in BJP? Modi meets Advani, Vajpayee

Re-listing Guidelines Lock-in On Promoter Grp Hold For 1 Yr Fm Date Of Re-listing

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 19:15

Market may dip 10-15% this month: Jeff Chowdhry

- in FII View

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!