Sunday, January 10, 2010

Automobile Industry in India

Indian automobile market is growing path; it recovered from slow down in couple of months. The leading automobile manufacturer in Indian market Tata group showed double sales growth in this December compare to one year before. All automobile companies showed strong positive growth almost double. General motor and some company registered double sales rate compare to last year. Total increase in sale is around 138 % compare to last year. Even though it was not good for any business last year, it was started to grow in the recent months. It is expected that this year will be the best for any one in this world. Total sale in December is 51,627 compare to 25,217 last year. It shows that the sales in this couple month increased double. The share price of Tata motors keep increasing and reached 792.60 marks in last trading day. Total sale in Dec 2008 was around 9800 mark.

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