Domestic car sales which have taken a beating this year, are likely to improve next fiscal amid strong fundamentals, says a report by financial advisory firm Deloitte India.
“The current slowdown in car sales is not here to stay as the fundamentals of car sales growth, namely, urbanisation and car density (very low penetration at present) are still very attractive,” Deloitte India senior director Kumar Kandaswami said in a report titled ‘Driving through BRIC markets: Lessons for Indian car manufacturers’, which was released here today.
From: http://ping.fm/OD9RO
Popular Posts
-
Panaji, Nov 17: In the backdrop of a slump in demand for the iron ore in his country, a senior Chinese embassy official today underlined the...
-
Government today released audio tapes of Joint Drafting Committee meetings on Lokpal Bill showing sharp differences and strong arguments bet...
-
Noted music composer Ismail Darbar, who is desirous of joining BJP, met Gujarat Chief Minister Narendra Modi on Friday. “Darbar expressed hi...
-
A wild elephant gored a man to death, lunged at vehicles in traffic and injured several people during a five-hour rampage through Mysore aft...
-
A suspected U.S. drone fired missiles at a house and a vehicle in northwestern Pakistan on Monday, Pakistani intelligence officials said, ki...
-
Standup comedian-turned-actor Vir Das, whose solo 'Jaa Chudail' in 'Delhi Belly' is making waves, says the number has made h...
-
A day after Team Anna ruled out disbanding its core committee, key members Kiran Bedi, Prashant Bhushan and Arvind Kejriwal reached Anna Haz...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment