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India June car sales rise 7.8% y/y to 107,531 units

From Reuters| July 08 , 2009 17:38 BJT

Car sales in India rose an annual 7.8 percent in June, an industry body said on Wednesday, with demand helped by the increasing availability of cheaper loans.

Companies sold 107,531 cars during the month, compared with 99,741 cars a year earlier, data from the Society of Indian Automobile Manufacturers (SIAM) showed.

Sales of trucks and buses, a barometer of economic activity, fell 12.5 percent from a year earlier to 36,193 units, the data showed.

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