Hyundai helps drive growth in India's market

Hyundai's 22% growth in India has helped increase the country's overall September sales by nearly 10%. Among the factors helping the overall segment is lower interest rates, tax breaks, and a healthy monsoon season. Assuming India's current economic growth rate, the country could match China's automotive demand in only four years. Maruti, an Indian collaboration with Suzuki, is still the country's largest automaker with a market share of approximately 50% and is also enjoying substantially increased sales.