The auto industry expects lower taxes and interest rates from Budget 2015.
Auto firms have reported a good jump in sales for the month of December
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
Car sales are likely to grow further in November.
S-Cross has seen a 22 per cent drop in dispatches in September.
Auto loan costs remain stubbornly high.
This trend is likely to gain pace with the new infrastructure cess on diesel vehicles.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Maruti recorded 20 per cent jump in sales during November.
Currently, Hyundai has 400 dealerships and over 270 rural sales outlets supported by over 1,000 service centers across India.
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
One can see the scale of recalls going up as the market expands.
Maurti and Hyundai recorded jump in sales in May.
As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.
Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
Maruti sold 191 units of SX4 sedan in January 2014.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
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