New car sales are back on path. Car sales have improved in urban centres in July assist by cheaper loans enhanced consumer sentiment and better corporate results. It's a great good news for the auto industry as car sales had slipped nearly 10% in the past one year. New car sale grew by 12% last month in almost all major cities in India, which generally account for 85-90% of new cars sold in a year. The industry is also helped by high demands in semi-urban and rural marketplace in the past six months.



Leading car manufacturers like Suzuki India, Kirloskar Motors have seen a rush forward in customer footfalls at their dealerships. In July last year saw a fall in car sale by 1.7% to 87 , 724 units , after remaining in the positive region for over two years. Economic slowdown in July-November 2008 reasoned a big drop in demand for new cars as customers delayed their buying decisions due to job insecurity, a slowing economy and high interest rates. Car sales remained slow-moving till the first quarter of this financial year , rising only 4% to 4.16 lakh units in the period.

“July marks the turnaround in the car marketplace with 20 major cities posting a 40% increase in sales for our models , ” said Mayank Pareek , executive officer for advertising and sales at Maruti Suzuki. Throughout April-June , the combined sales of Maruti Suzuki grew at a slower rate of 5-10% in these cities , though overall sales rose from 10% to 1.97 lakh cars.

According to car manufacturing companies cheaper loans, improved consumer sentiment and better corporate results should be accredited for the urban turnaround. Also increased loan by public sector banks at lower interest rates encouraged customers to buy new cars. The numbers of new cars sold through loans too have gone up to approximately 70% in the past few months. The continuous turn down in interest rates has improved demand in urban markets and study for new cars have shot up significantly.”

A survey carry out in the United States of America by an automotive research firm in AutoPacific, says that 15 per cent of new car buyers in the country would seems to buying a car from China like Honda Civic, BMW, Lifan 620 etc., whereas 11 per cent would buy a car from India like Tata Nano, Alto etc., The chance for Indian and Chinese brands in the USA' survey, which interviewed 30,000 customers across America, shows that Chinese and Indian car makers are likely to give hard competition to car manufacturers from other Asian Countries like Korea and Japan, which are already deep rooted-well in the US.


Car buyers in the country are gradually fall towards the rapidly emerging economies of India and China, and seem to belief their products more than ever before. As per the review, every fourth American is now prepared to buy a car from either India or China.


George Peterson, President of AutoPacific, said that the group eager to think about Indian and Chinese cars includes 'highly desirable buyers' who would be popular by any manufacturer. These customers are likely to currently own cars from Japanese or Korean companies like Hyundai and Kia, representing that the competition for these Asian car manufacturers will not come from American automakers like Ford or GM but from India and China.

Four -size contact patches between the asphalt and your tires are the only things to keeping your used car is connected to the road in New York, so people who make the right choice in rubber may find they pay less in fuel costs.

Most of the companies have introduced more efficient tires, including Cooper's GFE model which is designed to reduce the rolling resistance of tire because the rubber contains more flexible compounds.

"With the recent instability in gasoline prices, customers are looking for ways to improve their vehicle’s fuel economy," said Chuck Yurkovich, Cooper vice president of global technology. "Tire rolling resistance has a major impact on vehicle fuel economy, so Cooper responded with a new tire specifically designed for fuel-efficient vehicles."

There is no need to replace the tires on their used cars in New York, but they can still improve the performance they have with good maintenance.

The Department of Energy says that drivers could save the equivalence of 7 cents on every gallon of gas by ensuring that under-inflated tires are at the proper air pressure recommended by the car manufacturer, generally 30-32 PSI.