It’s not good going time for auto dealers in India. Last month i.e. February 2013 was recorded as the month of highest decline in car sales in India since last 12 years.
The credit goes to slow economy and high interest rates. The car sales in February 2013 declined by more than 25% as compared to car sales in February 2012.
The decline of car market in India can be estimated from the fact that a car dealer based in Gujarat is offering Skoda Fabia Hatchback free with Skoda Rapid Sedan.