Festival season could spark auto sales in India

|By:, SA News Editor

Automobile manufacturers in India see an opportunity with the upcoming festival season in the nation to sell cars at a healthier rate.

Analysts think sales could shoot up 10% during the festival months after dropping every month of the current fiscal year.

New introductions from Maruti Suzuki, Volkswagen (VLKAY.PK), and Nissan (NSANY.OB) in India are timed to take advantage of the festival rush.