Indian Auto’s 10-Month Year
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It has been a stunning 10 months for Indian auto. Consider these stats. During April 2009-January 2010, domestic passenger vehicle sales (including cars and sports utility vehicles), passenger vehicle exports, and domestic two-wheeler sales (including motorcycles and scooters) have overtaken their sales figures of the entire last fiscal (see ‘Sharp Overtake’). Commercial vehicles, too, with sales of 406,019 units so far, surpassed 2008-09’s sales of 384,122 units. Only two-wheeler exports has fallen short.