India's car sales are expected to grow between 5 and 10 per cent this fiscal year, Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers (SIAM), told reporters on Friday.
India's car sales are expected to grow between 5 and 10 per cent this fiscal year, Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers (SIAM), told reporters on Friday.
Local car sales in July rose an annual 5 per cent, data released by SIAM showed.
Mathur said while the commercial vehicle sector was "still a concern", he expected growth in the sector to return after five-six months.
Commercial vehicle sales in July fell 13.64 per cent to 47,765 units.
Copyright: Thomson Reuters 2014
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