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Car sales head for first annual fall in 10 years
Annual car sales are likely to drop for the first time since 2002 in the year ending March after January sales fell short of expectations, an industry body said. Car sales, which grew 30 per cent in the year ending March 2011, posted their first monthly fall in three years last July, as high financing and running costs deterred buyers. "The car industry is too sensitive to interest rates, and we don't
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