Auto Industry sales grew at 30% in 2010
Published On Dec 20, 2010 12:00 AM By Mansi Malhotra
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As known India is a developing country, the sales of automobiles between the month of July and October for the year 2010 reported an average growth of 30 percent. The industry is facing tremendous growth with new and latest models being introduced accounting a growth of around 9 percent every year. The customers of India now-a days look for great styles and technology and also are ready to pay any good amounts for the same.
The year is to be remembered throughout for its exponential sales with the Auto industry. Also the most famous and largest two-wheeler manufacturer, the Hero Honda dissolved its 26 year old partnership recently which was between the Honda group of Japan and Munjal group of India. Still the industry is showing some symptoms to grow all the further being the companies are ready for their new and ever powerful launches.
With the increasing growth of Auto industry, the customers as well are getting fascinated towards the new and most stylish models with power and distinct features comprising of international standards. Talking of the two wheelers, the models like Hero Honda Passion, Hero Honda Splendor, Bajaj Pulsar, Kawasaki Ninja and Yamaha R15 are known to be the most favourite of Indian customers of which Bajaj Pulsar accounts to be the best selling of country.
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