Subdued Car sales in festive season

subdued car salesSubdued Car sales in festive season, shows a highly negative market insight this year. Automobile manufacturers have failed to register significant sales growth this year and the lucrative offers also were of no help during the festive season. Major manufacturers have even started to shift their base to export cars from India to other countries.

Major manufacturers registered a decline in sales where as Honda motors was the only company to show 18% rise this festive season. Whereas Maruti Suzuki and Hyundai showed marginal rise of 1% ad 5% respectively. On the other end Mahindra, Toyota and Ford registered negative sales trend.

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