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Car sales up
New Delhi: Hyundai Motor India ended as a better second in the 2001-02 fiscal with a 15.3 per cent share of the car market, while the countrys largest carmaker Maruti Udyog managed to hold on to its sales and market share.

Telco emerged as the surprise winner during the last fiscal with its spruced up Indica V2 driving in volumes for the firm. Telco, with a 45 per cent surge in sales, cornered an 11.2 per cent share of the passenger car market. Telco ended as the countrys second largest passenger vehicle manufacturer.

Fiat India also got a fresh lease of life with its latest offering Palio driving higher on the popularity chart. The company sold 21,277 cars, including Siena, Uno and Weekend, during the year, 188 per cent higher than its year-ago sales.
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domain - B : Indian business : News Review : 16 Apr 2002 : general