Worst Is Not Over For Indian Automobile Industry

While world market is still trying to get out of recession that hit 3 years back, worldwide market is showing sign of acute nervousness. Rise in fuel prices and rising inflation is making Automobile market a bit nervous. Recent stats released for July by SIAM shows decline of 16% in sale of cars as compare to last year. This is a big fall in passenger car sale figure since year end 2008.

Automotive market research agencies have also released some reports which show sign of worry for Automobile industry. High interest rates and rising fuel prices will keep buyers away from buying which is indeed a big worry for Indian automobile industry.

Indian automobile giant Maruti Suzuki sales figures tells it all. According to marketing research report the company had a drop of 26% in sales figure which is falling hard on the company with already facing steep competition.

Automobile marketing research reports say, however sale of passenger cars went down but there was rise in total vehicle sales. Below graph will illustrate the comparison for last four months.

For more updates on Automotive market research reports visit www.vc-india.com.

How Good Is the Automotive Industry Worldwide

Visha Consultants delivers information, analysis and data for the world's automotive industry, including detailed coverage and analysis of the industry's leading markets and companies. Automotive market research reports features current and forecast estimates on the size of the industry (sales, establishments, employment) for the largest world countries.

Automotive marketing research reports provides business information to various sources, it caters to C-level, managers, executives, research specialist, etc. It covers on a comprehensive scale company profiles, demand forecast, review, and other related research reports confined to automotive sector.

Exclusive network of industry specialists ensures an unrivaled resource to bring you the very best in Automotive industry whether it be via our highly respected off-the-shelf research reports or our cost-effective customized client research.

The automotive industry is becoming more and more competitive, characterised by increasing globalisation, industry consolidation, diminishing margins and excessive capacity. In such an environment, the need to make every investment decision a prudent one is paramount. Similarly there is a real need to fully understand every step of the value chain if the full benefit of investment is to be felt.

For instance lets have a look at Indian Automobile Market Sales Trend -

For more updates and marketing research reports visit www.vc-india.com.