Indian car sales all time low

Indian car market is seeing down time since last 6 months. Only October 2012 was good due to festival season, but rest of the five months are very poor on sales.

February 2013 sales has been reported as all time low, compared to last 12 years sales. Only Hyundai and Mahindra survived in Feb 2013 with decent sales figures.

The only well performing SUV segment was punished by budget 2013 as SUV cars imposed extra excise duties.

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