Indian car sales jump 13.6% in April
India's domestic car sales rose 13.6% year on year to 63'930 units in April despite the launch of value added tax, which pushed up prices of some vehicles, said the Society of Indian Automobile Manufacturers (SIAM).
Motorcycle sales also rose 26% from 348'139 units in April 2004 to 438'273 units in April 2005.
India is the world's largest motorcycle market after
China.
However, sales of commercial vehicles saw a year-on-year decline of 14.7% to 16'879 units in April. This decline is attributed to the purchase tax.
Meanwhile, the entire automobile industry is struggling with higher costs of steel, rubber and plastic, intense competition, discounting and rising prices of crude oil.