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    <title>Business Recorder - Business &amp; Finance - Industry</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Sat, 15 Aug 2026 17:29:38 +0500</pubDate>
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      <title>India's Maruti shows jump in car sales</title>
      <link>https://www.brecorder.com/news/1599/indias-maruti-shows-jump-in-car-sales</link>
      <description>&lt;p&gt;&lt;b&gt;&lt;img width="400" src="https://i.brecorder.com/images/stories/maruti-Suzuki.jpg" alt=" " height="275" style="float: left; margin-bottom: 10px; margin-right: 10px;" /&gt;NEW DELHI&lt;/b&gt;&lt;b&gt;: &lt;/b&gt;India's largest car maker showed a 14.7 percent rise in sales in January, the firm said on Tuesday, as customers bought new models in a rapidly expanding auto market.&lt;/p&gt;
&lt;p&gt;Total sales rose to 109,743 cars in the month from 95,649 a year earlier, Japanese-owned Maruti said in a statement to the Mumbai stock exchange.&lt;/p&gt;
&lt;p&gt;Passenger and commercial vehicle sales have been on the rise as India recovers rapidly from the global downturn and the country's middle class enjoys increasing affluence.&lt;/p&gt;
&lt;p&gt;TVS Motor, India's third largest maker of motorcycles and scooters, said its total sales rose 30 percent to 165,152 units, from a year earlier.&lt;/p&gt;
&lt;p&gt;The figures come as car makers raise the prices of their vehicles to offset increased costs of raw materials such as steel and rubber.&lt;/p&gt;
&lt;p&gt;But despite the increases, analysts see sales remaining strong.&lt;/p&gt;
&lt;p&gt;Car sales for the fiscal year to March 31 are forecast to grow by at least 25 percent -- far higher than an initial forecast of 12-13 percent growth, according to the Society of Indian Automobile Manufacturers (SIAM).&lt;/p&gt;
&lt;p&gt;With just one in 10 households in urban areas owning a car and one in 50 in rural areas, India remains an under-penetrated, alluring market, drawing manufacturers from General Motors to Ford and Renault.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/b&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;
&lt;p&gt; &lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><b><img width="400" src="https://i.brecorder.com/images/stories/maruti-Suzuki.jpg" alt=" " height="275" style="float: left; margin-bottom: 10px; margin-right: 10px;" />NEW DELHI</b><b>: </b>India's largest car maker showed a 14.7 percent rise in sales in January, the firm said on Tuesday, as customers bought new models in a rapidly expanding auto market.</p>
<p>Total sales rose to 109,743 cars in the month from 95,649 a year earlier, Japanese-owned Maruti said in a statement to the Mumbai stock exchange.</p>
<p>Passenger and commercial vehicle sales have been on the rise as India recovers rapidly from the global downturn and the country's middle class enjoys increasing affluence.</p>
<p>TVS Motor, India's third largest maker of motorcycles and scooters, said its total sales rose 30 percent to 165,152 units, from a year earlier.</p>
<p>The figures come as car makers raise the prices of their vehicles to offset increased costs of raw materials such as steel and rubber.</p>
<p>But despite the increases, analysts see sales remaining strong.</p>
<p>Car sales for the fiscal year to March 31 are forecast to grow by at least 25 percent -- far higher than an initial forecast of 12-13 percent growth, according to the Society of Indian Automobile Manufacturers (SIAM).</p>
<p>With just one in 10 households in urban areas owning a car and one in 50 in rural areas, India remains an under-penetrated, alluring market, drawing manufacturers from General Motors to Ford and Renault.</p>
<p class="MsoNormal"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p>
<p> </p>
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      <category>Business &amp; Finance</category>
      <guid>https://www.brecorder.com/news/1599</guid>
      <pubDate>Tue, 01 Feb 2011 12:51:33 +0500</pubDate>
      <author>none@none.com (Imad Uddin)</author>
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