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SparkPlug Summary: Auto Sales for February 2016 – Renault up 158%, VECV up 59%, Toyota down 16%

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Today we bring you a mini version of our Monthly SparkPlug Report – a summary of the sales made during the month of February. We initiated this SparkPlug series in August this year and it has been an on-going series since then. Data for April to January has been sourced from SIAM while the February numbers have been obtained from the Press Releases. Detailed SparkPlug Report will be available for Capital Mind Premium members once the curated data is available from SIAM. Ashok Leyland Overall Sales grew by 24.5% (YoY) M&HCV Sales grew by 31.2% (YoY) LCV Sales grew by 2.9% (YoY) Atul Auto Overall Sales grew by 3.2% (YoY) Bajaj Auto Domestic Sales grew by 33.2% (YoY) Exports declined by a massive 12.4% (YoY) Overall Sales grew by 12.1% (YoY) Ford India – weak consumer demand Domestic Sales declined by 8% (YoY) Exports grew by a massive 78.7% (YoY) Overall Sales grew by 37.6% (YoY) Here is what the company spokesman Mr. … (Read On…)

[via Capital Mind]

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