Ahead of the festival season, Indian automobile manufacturers reported robust sales numbers in August, gaining from higher incomes, low-cost loans and launches of new models, especially in the small car segment, in a growing economy.
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The country's second largest car manufacturer, Hyundai Motor India Limited (HMIL), Wednesday reported a 17.2 percent growth in sales in August 2010 as compared to the like period last year
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Indian car market leader Maruti Suzuki Wednesday reported its highest ever monthly sales of 23.6 percent for August at 104,791 units as compared to 84,808 vehicles for the like period of 2009.
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