Automobile News
Car sales growth seen at 10-12 pct in FY13: SIAM Car sales in India are seen growing 10 to 12 percent in the fiscal year that ends in March 2013, the Society of Indian Automobile Manufacturers (SIAM) said on Tuesday. Sales rose just 2.2 percent in the 2011/12 fiscal year that ended last month, SIAM said, due to sluggish sales in the first half of the year on high interest rates and rising fuel costs.
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