Sales Stumbling In China, India

New-vehicle sale in two of the worlds most recently consistant growth markets,china and india,are slowly as markets incentives recede and the drag of the worlds economy finally may be hitting.bloomberg reported today that october sales in china hits their slowest growth rate in 5 months after the phase out in two years government vehicle purchase inducement and the cost of auto loans increased.wholeseller deliveries in china increased just 1.4% in october,the slowest rate since may,and many automakers are resorting to increase incentives to stoke demand.