In times of high inflation, when the value of money depreciates everyday, it is good to look for alternatives. It is for this reason that a used car may be as good as a new one these days.
Car sales in India rose 11.3 per cent on year in April, but growth was inhibited by firmer interest rates and stock market volatility.
http://www.ibnlive.com/news/car-sales-rise-113-pc-in-april/40160-7.html
The luxury car maker Aston Martin had announced its entry into India last year. But the company now says India will have to wait longer.
http://www.ibnlive.com/news/bond-car-delays-date-with-india/8937-7.html
After toys, textiles and computers, its now the turn of Chinese cars to enter India. One of China's biggest carmaker, FAW, is planning to enter Indian car market.
http://www.ibnlive.com/news/chinas-faw-plans-an-indian-foray/2182-7.html
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