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Car sales slowdown is temporary: Maruti

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Reuters
Last Updated : Feb 02 2013 | 11:05 AM IST

The slowdown in sales of cars in India is "short and temporary", Shinzo Nakanishi, chief executive and managing director of Maruti Suzuki, the country's top carmaker, said on Thursday.

India's car sales, which grew 30% in the year that ended in March 2011, are expected to be flat in the current financial year, an industry body said last month, as high interest rates and rising input costs bite.

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First Published: Jan 05 2012 | 12:00 AM IST

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