NEW DELHI (Reuters) - Car sales in India rose for the first time in 10 months in August, an industry body said, as top carmaker Maruti Suzuki's (MRTI.NS) sales surged on a lower base, even as slower economic growth, high fuel and interest costs weigh on demand.
Car-makers sold 133,486 cars in India last month, up 15.4 percent from a year ago, data from the Society of Indian Automobile Manufacturers (SIAM) showed on Tuesday.
Sales of motorcycles rose 3.8 percent in August to 795,378, while truck and bus sales were down 23.1 percent at 51,334 units, SIAM said.
(Reporting by Devidutta Tripathy; Editing by Sunil Nair)
Trending On Reuters
Thousands of Nepalese huddled under tents and sought scarce food and medical supplies on Monday, two days after a massive quake killed more than 3,200 people and overwhelmed authorities. Full Article | Slideshow
- Quake warnings of minutes, not hours, are possible, but pricey
- UNICEF says nearly a million children "severely affected" in Nepal
- Factbox - Foreigners in Nepal at time of deadly earthquake
- "Demons on the mountain"; survivors recall avalanche terror
- In Kathmandu Valley, quake-hit Nepalis fend for themselves