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 managerDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!