{"id":7574,"date":"2011-02-10T01:02:21","date_gmt":"2011-02-10T01:02:21","guid":{"rendered":""},"modified":"2011-02-10T01:02:21","modified_gmt":"2011-02-10T01:02:21","slug":"India-Car-Sales-Hit-Record-in-January","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=7574","title":{"rendered":"India Car Sales Hit Record in January"},"content":{"rendered":"<p><strong>Car sales in India rose 26% over a year earlier to a monthly record in January as rising personal income in a growing economy bolstered demand in Asia&#8217;s third-biggest automobile market.<\/p>\n<p>According to data released Wednesday by the Society of Indian Automobile Manufacturers, an industry group, auto makers sold 184,332 passenger cars in January, compared with 145,971 units a year earlier. That beat the prior monthly record of 182,992 cars last October.<\/p>\n<p>Sales rose despite price hikes by companies such as Maruti Suzuki India Ltd., Hyundai Motor Co. and Volkswagen AG in the past month to offset higher raw-material costs.<\/p>\n<p><strong>Companies such as Ford Motor Co., General Motors Co. and Nissan Motor Co. have aggressively expanded in India to offset a slump in their traditional strongholds, the U.S. and Europe, while Indian companies such as Maruti expanded their portfolio and capacities to take on increasing competition.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704858404576133461380779324.html?mod=WSJASIA_hpp_sections_india\" title=\"SOURCE\">SOURCE<\/a><br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Car sales in India rose 26% over a year earlier to a monthly record in January as rising personal income<\/p>\n","protected":false},"author":1213,"featured_media":72448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[],"tags":[],"class_list":["post-7574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x90.jpg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg"},"magazineBlocksPostAuthor":{"name":"Joshua","avatar":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"1","magazineBlocksPostExcerpt":"Car sales in India rose 26% over a year earlier to a monthly record in January as rising personal 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