Car , two-wheeler sales fall sharply in Nov

November was a horrendous month for car and two-wheeler manufacturers.

As sales figures began trickling in on Monday, the 14 stocks on the BSE crashed. The auto index fell by 108 points and ended up as the second worst performer of the day after realty stocks.

What was particularly alarming was the sharp fall in numbers by market leader Maruti Suzuki. The company posted a 27 per cent fall in domestic sales to end at a new low of 47,704 units. More
Courtesy: indiacar.net

This entry was posted on Monday, December 1st, 2008 at 9:35 pm and is filed under Car Money, Bikes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.