Monday, May 10, 2010

India car sales growth at 10 year high

India's car sales rose 39.5 percent in April over last year -- the biggest jump in a decade but headwinds from rising costs are starting to drag on India's auto boom. April car sales hit 143,976, up from 103,227 vehicles a year earlier, the Society of Indian Automobile Manufacturers, a trade group, said Monday. Overall passenger and commercial vehicle sales were 231,267 in April, up