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Maruti Suzukirecently posted a gain in net profits of 18% for the quarter ended in June 2011. In spite of a slow growth in the Indian auto industry, the company managed to record net profits to the tune of INR 549.2 crore, a growth of 18% against the INR 465.36 crores that it posted in the corresponding quarter, last year.

While the auto market in India witnessed 30% growth last year, this year the expectations are low, with Volkswagen India director projecting a slower growth of 12 to 14%.

The Global X Permanent ETF (NYSE Arca: PERM), a diversified ETF investing across various asset classes and designed to perform in different economic environments, giving investors a simple, transparent and cost-efficient method for diversification: increasing growth,decreasing growth rate, increasing inflation, decreasing inflation.

Toyota Kirloskar Motor recently posted their sales figure for the month of July. The company managed to sell 13,592 vehicles last month, in comparison to the 6,834 vehicles it sold in the same period last year. The sales of the company increased by almost 99% in comparison to the sales growth in June 2010.

Audi India recently posted their sales performance for half the year. The company managed to sell a total of 2,802 cars in the January to June period, just a little lower than last year's total sales of 3003 cars, that is an increase of more than 100%.

Skoda Auto India announced a 98% growth in their sales for July, compared to the same period a year ago. Their total sales in July were around 2,412 vehicles in comparison to July 2010′s 1,222 vehicles sold. The company has been proving to be a competitive global auto player across all segments in the Indian auto market.

Utility manufacturer, Mahindra & Mahindra recently posted a growth of 7.56% in their net profits for the June 30 ended quarter, with a standalone net profit of IRN 604.88 crores, boosted by good measures for expenditure control and good sales. In the same period in 2010, the company had posted net profit as INR 562.39 crores.

Auto major, Volvo Auto India intends to introduce less costly variants of their models, as they hope to increase their sales volume in a market where competitors like Mercedes, Audi and BMW are seeing growth in their premium car sales.

Yamaha's sales figure for October soars. Indian auto biggies could have a few sleepless nights in the days and months to come.