Car sales rise in January

Toyota Kirloskar saw sales decline 23% to 13,329 units, while US-based Ford and General Motors also saw a 34% (to 6,062 units) and 8% (to 7,588 units) drop in domestic sales respectively. However, Honda Car tripled volumes in the month to 5,451 units, largely because of a low base of last year.

Sandeep Singh, deputy MD and COO, marketing and commercial, Toyota Kirloskar, said, “The market is still witnessing a slowdown, especially the passenger car segment. The prospects for the second half of 2013 look better. With the Budget round the corner we are looking for some more measures that will bring about positive growth.”