November car sales rise 61 pct y/y - industry

Car sales in India rose an annual 61 percent in November, boosted by improved consumer sentiment, easier availability of loans and a low sales base a year earlier, an industry body said on Tuesday.



Firms sold 133,687 cars in the month compared with 83,121 units a year ago, data from the Society of Indian Automobile Manufacturers showed.



Sales of trucks and buses, a gauge of economic activity, doubled to 40,847 units in November from 20,631 a year earlier, the data showed.

sirfpaisa.com