07:45 pm - Monday 09 January 2012

Expensive Loans, Fuel Hit India Car Sales

By LM - Tue Nov 01, 7:07 pm

NEW DELHI — The festival deteriorate in India has unsuccessful to revitalise direct for new cars with several automobile makers possibly posting a dump or a extrinsic arise in sales during October, as costly loans and rising fuel prices lead intensity business to defer purchases.

Maruti Suzuki India Ltd. and a internal units of Ford Motor Co. and Hyundai Motor Co. posted a tumble in sales, while Tata Motors Ltd. and General Motors Co.’s section reported extrinsic growth.

Mahindra Mahindra Ltd. …

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