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Monday, March 11, 2013

By Pawan Rana

Car Industry faces the worst slowdown ever

Car Industry faces the worst slowdown ever

Indian car industry is in a bad shape and there are few cars that are able to help it recover. In February, the car sales have touched new down swing in the last 12 years. The car sales in the country have gone down by over 25 percent which is the first ever worst fall in the last decade. Also February continued to be the fourth month when the.... [Read More]

Wednesday, October 10, 2012

By Shilpa Chopra

Car sales growth to be just 1 to 3 percent for this fiscal: SIAM

Car sales growth to be just 1 to 3 percent for this fiscal: SIAM

Amidst the continuously slowing down demand for cars in the Indian auto market, the industry body SIAM (Society of Indian Automobile Manufacturers) has decreased their growth forecast one again. In a statement released on Wednesday SIAM said that Indian automobile industry is likely to miss the target of earning an annual turnover of $145.... [Read More]

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