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Thursday 10 November 2011

Indian car sales down 24% in October

Indian car sales down 24% in October

High petrol prices and increasing interests rates have dampened the car sales in India. Car sales in India fell 23.8% in October, the biggest monthly percentage decline since December 2000. India’s largest car manufacturer Maruti-Suzuki, drove down sales for a fourth consecutive month due to the on going strike. The two-wheeler segment, another major barometer

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