Ahead of the likely price hike, car sales jumped 17.2 % in the month of April. In fact it was the highest sales recorded in the past seven months. The highest number of sales was recorded by Maruti Suzuki
Labels: Car sales, hike in car's price
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Friday, 9 May 2008
Fear of price hike pushes car sales up in April
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4 Comments:
I have been hearing about car price hike from a long time. Can any body tell me whether is actually going high or it is just another sales tactics?
The car sales are booming up and so is the car price.Now with the increase in steel price and rubber price, the car makers will definitely increase the prices.
The increased sales just goes on to show how cheaper costs can actually help sell big numbers. It was a drop of just Rs 2,000 to Rs 18,000, but every car company has reported a significant rise in sales volume. May be the catch of discoiunts just played on the Indian psyche and registered increased sales.
It is amazing that such large number of people have been buying cars. Where will they drive it and where will they park it. The car companies might be beaming while a time when oil prices already are going up.
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