Sales of cars in India in January set a record

Sales of passenger cars in India in January 2010 increased by 32% relative to January 2009, to 145'905 units. 32% is a record growth over the past 60 years.

The growth associated with government measures to stimulate demand in the form of tax cuts. Measures to stimulate demand imposed in connection with a very low rate of interest of people to buy new cars.

The analyst Vaishali Jajoo of Mumbai believes that "if the interest rate of people will begin to rise, the government action to stimulate demand will cease, and the demand will cease to grow"

In India, the train is the cheapest car in the world

Indian company Tata Motors Ltd. release in 2008 the cheapest car in the world. Told Director Ravi Kant.

It is planned that the car will cost 2,467 dollars. His presentation will take place in January at auto show in Delhi. The car will not meet European safety and exhaust emissions. But if Tata decides to export, then the model can be improved.

Currently the cheapest is Suzuki Maruti worth more than $ 4000. The cost of the cheap Russian car VAZ-2105 is $ 4900.