Car sales up by 38% in October in India

With the festive time, the car sales up by around 38 per cent in India in the month of October 2010. Its the highest sale record in the auto industry.

Around 182,992 units of cars were sold in the month of October 2010. In the case of commercial vehicles, the sales registered 18 per cent up and 50,835 buses and truck were sold in the same month.

The India economy is growing fast and the auto industry to contribute a major portion to its GDP. The demand for vehicles will rise during the festival season in India and its perfect time for auto industry to sale their most units.