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Car sales in January reach all time high

d to sell 23,700 units in January 2018, up 13% YoY and up 23% sequentially as start of year is generally a robust period for auto sales.

The change in import procedure, demand from online ride hailing services and as well as availability of auto finance at lower rates have contributed to strong demand in the previous month.

This is the highest monthly unit sale recorded for month of January. Cumulative, industry sales during 7MFY18 exhibited 29% growth to 147,838 units.

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