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Major auto makers report fall in March sales

Last Updated: Monday, April 1, 2013, 21:02

Major car makers such as Hyundai Motor, Tata Motors, General Motors, Honda Cars and Ford, today reported decline in sales for March, reflecting the continuing demand slump that the auto industry faced in 2012-13 fiscal.

Auto industry asks for more rate cuts to revive demand

Last Updated: Tuesday, March 19, 2013, 15:43

The Indian auto industry, which is facing demand slump in recent months, on Tuesday gave a lukewarm response to RBI's decision to reduce short-term lending rates, saying the sector needs a cut of at least 100 basis points.