Car sales zoom due to low interest rates.

• Due to low interest there is a boom in the sale of cars in the Indian domestic market.
• Car manufacturers have reported a double digit jump in sales in November as compared to the same month last year.
  
• Maruti Suzuki's November sales have gone up by 60% with 76,359 units as compared to 47,704 units in the same month last year.
• Alto, Wagon-R, Estilo, Ritz, Swift and A-Star have also shown 60% growth in sales in November with 56,005 units as compared to 34,976 units in the same month last year.
• The Tata Fiat joint venture had shown a jump of 55% increase in sales in November with 22,671 units as against 14,612 units in the same month last year.
• Tata's sales stood at 20,706 units in November as against 14,612 units in the same month last year.
• Fiat's sales stood at 1965 units as in November this year as against 285 units in the same month last year.
• The sales of General Motors has gone up by 65% with 7,118 units in November this year as against 4,307 units of the same month in the previous year. Its new Sedan Cruze sold 518 units where as its entry level Spark sold 4,202 units. 
• For the luxury car maker Honda, the numbers were flat with 5,125 units in November this year as compared to 5,025 units in the same month last year showing just a growth rate of 2%.
• Utility vehicle makers Mahindra has posted a growth of 102% with 15,193 units in November this year as against 7,523 units in the same month last year. The main growth was due to its Xylo.
• On the two wheeler sector the Hero Honda's sales rose by 32% to 3.81 lakh units against 2.89 lakh units in the same month last year.