India auto industry numbers reflect economic slowdown

ERJ Staff Report (LMH)

New Delhi – The number of cars produced in India in November was down 9 percent year-on-year, reflecting the economic slowdown in the country, according to the Society of Indian Automobile Manufacturers.

From April – November this year, production growth was only 4.8 percent more than in 2011. Likewise, the overall growth in domestic sales during April-November 2012 was only 4.8 percent year-on-year. In November, sales grew by only 1.79 percent.

In the passenger vehicles segment, utility vehicles…

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