Thursday, May 10, 2007
NEW DELHI: Increasing interest rates, listless feeling and creeping costs are starting to touch the auto industry. Slowdown is summons large on the automobile sales last month, with home motorcycle sales bleeding red.
Motorcycle sales have seen the largest bend in many years. According to proves exposed by the Society of Indian Automobile Manufacturers (SIAM), domestic motorcycle sales are off by about 10% and stands at 4.63 lakh units as contrasted to 5.12 lakh units in the same month last year.




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