Tagged with auto sales

Auto Sales In May

The IIP of April 2012 may have been up at just 0.01 % (YoY) growth but the auto sales numbers in May tell us something else.  The car sales have grown just 3% at 1.63 lac, Motorcycles have registered 7% growth , scooters however have shown remarkable growth of 34% at 2.35 lac.   The … Continue reading

panch-tattva talk…auto sales

Friends, The auto sales have improved in the month of march. Hero Honda has sold 7.3pc more numbers.M and M has improved tractor sales by 14pc and MUVs have seen sales going up by 36pc and overall sales (excluding tractors) were up 30pc. They expect sales to remain up during new year. Maruti also expects … Continue reading

panch-tattva talk…the elusive remedy

Friends, The western markets seem to have no bottom. The losses on all 17 European markets and USA are continuing and what is more they are plunging by a wider wider margin than what normally happens. AIG has turned ever greater loss. The US govt is under pressure to provide further reliefs. Again paradoxically its … Continue reading