<< Reliance Move To Takeover LyondellBase... << Tata Motors Shares Rise Sharply On Early Trad...
Auto Majors Rejoice As Car Sales Figures Goes Up Substantially In February

Neha Sood, Wednesday 03rd March 2010


With the India economy growing at an amazing speed, the demand of cars, especially small cars is gaining momentum. Now with the possibility of prices moving north in coming months, many buyers seemed to make their purchases in February and this has improved the bottom lines of a host auto majors.


During February,there has been over 30 percent in sales when major passenger vehicle models are taken into account with Maruti Suzuki posting an impressive growth rate during the same period and total sales increased to 84,765 units.


Other who made the most the increased demand in Feb included the likes of Hyundai motors which notched a jump of over 46 percent. This impressive showing was followed by likes of Toyota and General motors whose sales figures too rocketed in Feb. While cars saw a rapid demand, the two wheeler industry too showed positive growth and companies like Hero Honda and Bajaj reported a healthy increase in their sales figures.

 
Latest E-youth
Strengths of Indian Economy
The Indian economy ranks third in the list of world economies in terms of purchasing power and is entitled the fastest growing economy of the world. Goldman Sachs, the Global Investment Bank predicted that by the year 2035, the Indian economy be the third largest economy in the world and would grow to 60% of size of the US economy. More..
Command Economy: Controlled By
A Command Economy or a Planned Economy is one that is completely and directly controlled by centralized federal government. In this type of economy, the coordination of various economic activities is undertaken through administrative methods More..
Mexico Economy: A Free Market Economy
Mexican economy can be graded as one of the growing and successful economy of North America. It is listed on the twelfth position among the top economies of the world. Mexico economy is a free market economy having its trading agreements with some big economies like Canada and US. More..
The Banking Sector of US
The highly competitive and extensive banking sector of US had gone through a series of transformations and a number of laws passed by both the federal as well as state government. More..
Factors Affecting the Value of Indi
The value of any currency in an economy is hard to bet, to be stable for a long period of time as there are number of factor influencing its appreciation and the depreciation. The currency value of an economy influences the growth rate of GDP in an economy. More..
UK Economy: Best to Carry Trade and
UK economy is tagged as one of the five largest economies of the world. The major sources that generate and add up to the GDP growth rate are the business and financial service sectors. More..
Australian Economy: Western Sty
The Australian economy is considered to be a strong economy as it has experienced various positive reforms over the last two decades that have boosted its economy and shown a tremendous improvement and economic growth. More..
Economy of Canada
The diverse and matured Canadian economy is one among the top nine largest economies of the world. More..
Service Economy –Indicator of Success<
The service economy is a term having its origin from the mounting popularity and income generation of the service sector. More..
Indo-US Economic Relations
For a number of years the world’s largest economy and the world’s most dynamic economy had strained and cold economic relations prevailing between them. More..
Insurance Organize your Financial Affa
Insurance is a legal risk management contract between two parties to transfer the potential loss from insured to insurer. More..
Grameen Bank A Boon to Economy
After years of efforts to eradicate poverty in the third world economies, the Grameen bank has finally come up with certain helpful policies for the poor and needy section of the economy. More..
what is an open economy
An open economy is a type of economy that is largely free from all trade restrictions and allows unbound trade practices with other economies of the world. More..
Japanese economy and its economic growt
Japanese economy is tagged as one of the leading economies of the world that stands second in the list. Its high-tech expertise and high quality products are famous worldwide that make this economy a major More..
India's business prospects and economy
In this critical state of depression, Indian economy has still managed leading the list of developing countries that bestows healthier business opportunities even in this tough time. It came as a surprise to some that according to a recent Indian economy analyst's More..
Economic Indicators of Recession
Recession in an economy, in general terms is described as a situation when an economy features slow economic activities, faces decline or no income situations. During this period the economy also suffers a steep fall in GDP growth rate, which tends to worsen situation further. The American economy is More..
Key Impacts of Recession in Economy
Recession is the prime story of the global economy since last few months. The economy is facing an uninterrupted downfall that has further sent invites to many disastrous results. These outcomes have gripped badly the international economy status that More..
Relevance of Economy News
With the increase in liberalization, privatization and globalization of the economies, people of a given nation are more involved and thereby make greater contribution to their country's economic More..
Key Indicators for Economic Growth 
The 'most recognized' indicators used for assessing a nation's economic growth are 'GDP' (Gross Domestic Product), 'GNP' (Gross National Product) and Balance of Payments. More..
Gross Domestic Product (GDP) - A Primer
In addition to being one of the most useful and trusted indicators of a nation's economic growth since decades, GDP also hints at the standard of living which the people of the country share. More..
   Contact Us | About Us   Copyright © 2008 EconomyNews.in