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India Economy Sees Auto Sales Rise 21 Percent

October 13th, 2009 · No Comments · India Economy

Auto sales in the Indian economy rose 21 percent in September according to Reuters.

The positive Indian economic news makes it the eight straight month of car sales growth from market leaders such as GM, Hyundai and Maruti Suzuki India.

The key drivers for the India economic boost from car sales are lower borrowing cost and the demand generated by numerous festivals.

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