Growing sales, slow traffic

  • 16/04/2003

  • Business Standard (New Delhi)

The sales figures for various segments of the automobile industry during 2002-03, released earlier this week by the Society of Indian Automobile Manufacturers, show significant gains for many products. Commercial vehicles grew at over 30 per cent, compared with around 7 per cent in the previous year. Cars grew by over 6 per cent, recovering some of the ground lost in a 10 per cent decline in 2001-02.....Editorial