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Car makers expect no cheer this festive season

Last Updated: Friday, September 6, 2013, 10:23

Hit by demand slowdown and low consumer sentiment, car manufacturers are expecting a tepid festive season this year.

Car makers expect no cheer this festive season

Last Updated: Wednesday, September 4, 2013, 20:07

Reeling under high interest rates, fuel costs and low consumer sentiments due to overall economic slowdown, car sales in India have declined for a record 9th consecutive month in July.