Slew of launches and excise duty cut may revive auto sector

Written By Unknown on Sabtu, 01 Maret 2014 | 15.45

It's been a tough year for auto manufacturers. Car sales saw a 7.6 percent decline this January. However, car makers are hoping that the slew of launches announced at the recently held auto expo and the surprise excise duty cut in the interim budget will help revive that low consumer sentiment. Here's a report on that.

It's been a tough year for auto manufacturers. Car sales which fell for the first time in 11 years in 2013 saw a 7.6 percent decline this January. However, car makers are hoping that the slew of launches announced at the recently held auto expo and the surprise excise duty cut in the interim budget will help revive that low consumer sentiment. Here's a report on that.


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