CORPORATE: Auto sales: Festive season sparkle missing.

from BUSINESS LINE, October 27, 2008 Hyderabad, Oct. 26 - With the Dasera-Diwali festival and wedding season setting in, early pointers show that the overall automotive sales volumes are yet to pick up, according to Mr Jnaneswar Sen, Vice-President-Marketing, Honda Siel Cars Ltd.

While the numbers gathered early next month will help assess the overall sales volumes, from the information in the market, it is clear that the anticipated buoyancy is missing, he told Business Line.

Speaking after the launch of Honda City variant here, Mr Sen said the cumulative impact of higher interest rates, subdued market sentiment and cautious approach of buyers are among key …