NEW YORK ( TheStreet) -- Automakers have been on a roll in launching compact cars for the Indian market during the second quarter as signs of a slowdown in auto purchases is yet to surface. Ford Motor (F - Get Report) Figo, Nissan Micra, Volkswagen Polo, General Motors Chevrolet's Beat are among the list. The addition would be the soon-to-be-launched Prius by Toyota Motors (TM - Get Report). Global Insight research forecasts China and India to account for 40% of growth in the global auto industry over the next five to seven years.
Ford, GM, Toyota: No Slowdown in India
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