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    Growth slowdown stalls Indian car sales

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    euronews (in English)

    by euronews (in English)

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    Car sales in India fell in the financial year just ended by 6.7 percent.

    It is the first time in a decade that they have declined, and only subdued growth is expected this year.

    High interest rates, rising fuel prices and prolonged economic gloom have hit carmakers who are now rethinking expansion plans.

    ...
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