India: New car sales up 11.8% in fiscal year 2007-2008
Summary
In the fiscal year ended 31 March 2008, total automotive sales in India dropped 4.7% to 9,648,105 units, compared with 10,123,988 units in the previous fiscal.
Thoughts
Watch out for India. TATA motors purchase of Jaguar and Range Rover brands for $2.4 billion has put them on the global map. TATA name has enough leverage to enter foreign markets with their NANO
http://www.automotiveworld.com/WCV/content.asp?contentid=67435
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