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India car sales head for first annual fall in 10 years
Annual car sales in India are likely to drop for the first time in at least seven years in the fiscal year ending March after January sales fell short of expectations, an industry body said. Car sales, which grew 30 percent 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
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