India’s domestic car sales rose 20.6% rise for the year to the end of December, as rising incomes and finance schemes fuelled demand in Asia’s fourth-largest economy, NDTV.com reported.
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The report said December car sales rose to 60,516 units from 50,191 a year ago, while sales in April-December, the first nine months of the current business year ending in March, rose 22% to 590,610 units from 484,019 a year earlier.
NDTV.com said sales of commercial vehicles rose 25.5% to 223,303 units in April-December from 177,910 a year earlier while motorcycle sales in the same period were up 18.9% at 3,666,973 units from 3,082,841.
