After being in the reverse gear for so many months, the car sales are now appear to be in the front gear as big car companies have reported positive car sales in January.

Surprisingly, car manufacturers have witnessed a lift in car sales despite the withdrawal of discounts and schemes. Though manufacturers faced slight trouble in gearing up in the stressed market, they were able to overcome it with the prop of new car launches and car exports. The very beginning of this year saw new car lunches like the Fiat Linea and the BMW 7 Series.

The industry is delightfully driving back to recovery with positive developments like reduction in fuel prices, dip in inflation, softening of retail interest rates, and growing availability of finance in the market.

Experiencing a favourable environment, leading car manufacturers including Maruti Suzuki and Hyundai have seen a progressive growth on a sequential basis as now waning car buyers are stepping into the showrooms with positive attitude.

Many car manufacturers like Maruti Suzuki and General Motors have also signed an understanding with banks to provide easy and hassle-free finance solutions to all the buyers which is further catalysing to bring back the sales figure to positive scale. Recently Hyundai also tied up with Syndicate Bank to accelerate car loan disbursals and to provide alluring loan schemes to its prospective car buyers.

Though the encouraging market situations have proved to be a blessing in disguise for car manufacturers, they still have a long way to reach the destination of success.