www.GoChinaAuto.com-According to the data released by the Society of Indian Automobile Manufacturers,the total

sales of passenger car reached 1.43 million in 2009, with 19.2 percent more than the 1.20 million sold in 2008,

and sales in December surged 40%.and the yearly total production was estimated about 2.8 million in 2009.

Influenced by the finance crisis borning from U.S. in 2008, India automobile market got into recession at the

beginning of 2008. To pull out the economy recession, India government took many measures in 2008, for the

automobile industry, India government reduced excise of vehicles two times in Feb.2008 and Dec.2008. at the same

time, India government also gave the subsidy to automobile products export.

As a positive result of those stimulus measures taken by India government, India automobile market recovered to

positive growth from Feb.2009, and automobile sales increased by 22%, 1%,4.2%,2.5% month by month from Febuary to

May, 2009.

In December, 2009, Sales of passenger cars in the domestic market jumped to 115,268 units from a year earlier,

while those of trucks and buses more than doubled to 48,614. Two-wheeler sales climbed 67 percent to 767,796

units.

Small cars accounted for 73 percent of all cars sold in the nation in the year ended March 31, according to the

Society. Maruti Suzuki India Ltd., with its seven hatchbacks, had a 52 percent share of the total car market.

The biggest national auto manufacturer, Tata Motors posted net revenue of Rs70,938 crore and a net loss of Rs2,505 crore in the fiscal year 2008-09,.

Tata Motors sold 33,519 commercial vehicles in December, the highest since March 2008 and more than double the number sold in December 2008, according to data available on its website. Sales of commercial vehicles from April to December reached 255,168 units, up 31% over the year-ago period.

Pankaj Chadha, director, automotive, at consultancy firm Ernst and Young India, said that since buying countries were the worst-affected by the downturn, auto exports from India had taken a hit.

“It (the slump in commercial vehicle exports) is not a matter of great concern,” Chadha said. “India’s story is one of domestic demand.”