Mercedes-Benz Director of Sales & Marketing Debashis Mitra poses with a model next to newly launched SLK 350 Mercedes-Benz at a function in New Delhi on Wednesday, 10 August 2011.Indian car sales slid almost 16 percent in July from a year ago, their biggest drop in nearly three years, as high interest rates kept buyers out of the showrooms, data showed. Just one in 10 households in urban areas and one in 50 in rural areas own cars, and the country has one of the world"s fastest-growing auto markets.
Credit balance: 0