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Sales of luxury cars zoom Roughly 70 per cent of the country's car owners may cringe at the rise in fuel prices, but the rising ...



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Old 06-06-08, 07:50 AM   #1
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Sales of luxury cars zoom
Roughly 70 per cent of the country's car owners may cringe at the rise in fuel prices, but the rising cost of petrol and diesel does not appear to have put the brakes on the market for luxury cars, even though they deliver a measly mileage in single digits. Till April, sales of luxury cars, defined as those costing Rs 40 lakh and more, touched 4,000 units — the same as the number of cars sold for the whole of 2007.

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