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Maruti Suzuki sees tough first half FY13 for auto makers

Maruti Suzuki expects passenger car sales across the industry will grow in 7-10% range in 2012-13 (April-March), more than twice as fast it grew in the last fiscal year, but still much slower than the 30% it accelerated in 2010-11.

April 04, 2012 / 14:40 IST
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Maruti Suzuki expects passenger car sales across the industry will grow in 7-10% range in 2012-13 (April-March), more than twice as fast it grew in the last fiscal year, but still much slower than the 30% it accelerated in 2010-11.

Car sales in India were hit by expensive loans and fuel price hikes in 2011-12 and Shashank Srivastava, Maruti's chief general manager
first published: Apr 4, 2012 10:32 am

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