INDIA CAR SALES RISE 22%

India's local car sales posted their biggest percentage gain in two years in February because of an improvement in retail financing and of a lower sales base in the year-earlier period.

Sales rose 22% to 115,386 cars from 94,757 a year earlier, data issued Monday by the Society of Indian Automobile Manufacturers showed. The sales growth is the first since September 2008 and the highest since February 2007.

The Wall Street Journal