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Sify Home >> Finance >> Auto >> Record car sales mark 2010 for Indian auto sector

Record car sales mark 2010 for Indian auto sector

car, auto, motor, sale, 2010, auto sector, Record, Record sale, Indian auto sector
Special year

Record sales made 2010 a special year for automakers in India, which also saw the iconic Maruti 800 take a bow from big cities, Hero split with Honda and demand for the promising Nano sputter following a string of accidents.

For a country whose economy has been expanding at near 9 per cent rate, it was not surprising that automobile sales broke all records between July and October to average a growth of 30 per cent.

Such was the appeal of the country and the appetite of the Indian motorist that Bugatti launched its Veyron 16.4 Grand Sport, which at Rs 16 crore became the costliest car in India, while other niche marques Aston Martin and Spyker Cars said they too would drive in soon.

Image: Models pose as Exclusive Motors Managing Director Satya Bagla, right, with Buggatti Sales and marketing manager, Europe, Middle East and India Guy Caquelin sit in a Bugatti Veyron 16.4 Grand sport car during its India launch, in New Delhi.

Text: PTI

AP Images




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