Car sales seen growing 3-5 percent in FY14

 

NEW DELHI | Wed Apr 10, 2013 11:51am IST

(Reuters) - Car sales in India are forecast to grow between 3 percent and 5 percent in the current financial year, an industry body said on Wednesday, following the first drop in sales in a decade in 2012/13.
Sales of trucks and buses are seen growing 7-9 percent in 2013/14 which began on April 1, the Society of Indian Automobile Manufacturers (SIAM) said. Motorcycle sales are seen growing by 6 percent to 8 percent.