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Thursday, 6 October 2011

Indian car manufacturers expect 15-20 percent jump in sales this month

The Indian car market has come back to life with customers thronging showrooms to check out new models and special discounts since the end of shradh-a period most people in northern India consider inauspicious for shopping.

Top car manufacturers such as Maruti Suzuki, Hyundai Motor, Honda Siel and Toyota Kirloskar say they expect 15-20 percent increase in sales during the festival season as new car launches, aggressive pricing and discounts and stable loan interest rates revive consumer interest after a dull start to the fiscal year.Vcommindia News

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