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    Car Companies in Overdrive Despite Slow Demand: Newspapers

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    Akshay Patil
    Despite slow demand in the automotive sector, several car companies in India are continuing to ramp up production. Sales forecasts for the industry have been cut due to fears of an economic slowdown. Additionally, increases in excise duties are expected to make cars more expensive. Some analysts suggest companies may be overproducing in light of declining sales, which could exacerbate the slowdown in demand.

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    Car Companies in Overdrive Despite Slow Demand: Newspapers

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    Akshay Patil
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    Despite slow demand in the automotive sector, several car companies in India are continuing to ramp up production. Sales forecasts for the industry have been cut due to fears of an economic slowdown. Additionally, increases in excise duties are expected to make cars more expensive. Some analysts suggest companies may be overproducing in light of declining sales, which could exacerbate the slowdown in demand.

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    Despite slow demand in the automotive sector, several car companies in India are continuing to ramp up production. Sales forecasts for the industry have been cut due to fears of an economic slowdown. Additionally, increases in excise duties are expected to make cars more expensive. Some analysts suggest companies may be overproducing in light of declining sales, which could exacerbate the slowdown in demand.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    12 views2 pages

    Car Companies in Overdrive Despite Slow Demand: Newspapers

    Uploaded by

    Akshay Patil
    Despite slow demand in the automotive sector, several car companies in India are continuing to ramp up production. Sales forecasts for the industry have been cut due to fears of an economic slowdown. Additionally, increases in excise duties are expected to make cars more expensive. Some analysts suggest companies may be overproducing in light of declining sales, which could exacerbate the slowdown in demand.

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    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Car companies in overdrive despite slow demand

    http://timesofindia.indiatimes.com/business/india-business/Car-companies-inoverdrive-despite-slow-demand/articleshow/17933487.cms http://www.autocarindia.com/News/294041,excise-duty-hikes-to-make-all-carscostly.aspx http://www.ashokleyland.com/sales-updates http://www.tatamotors.com/investors/flash-figures-archive.php?year=2012 http://www.hyundai.com/in/en/NewsEvents/HyundaiMotorIndia/319851.html http://www.siamindia.com/Media/Release/SiamViewMediaRelease.aspx?i d=328

    http://www.equitymaster.com/research-it/sector-info/auto/AutomobilesSector-Analysis-Report.asp http://www.autocarindia.com/News/294041,excise-duty-hikes-to-make-allcars-costly.aspx[ Newspapers Ronrndra Singh, 2013. Auto sales forecast cut on slowdown fears (Dated 10 January 2013) Available at: Buisness Line. Mishra Richa, 2013. LPG prices may be hiked by Rs 100/ Cylinder and diesel by 1.5/litre a month till March (Dated 10 January 2013) Available at: Buisness Line. Beena Parmar, 2013. Car loans may get cheaper (Dated 20 January 2013) Available at: Buisness Line. Nandini Sen Gupta, 2013 Car companies in overdrive despite slow demand(Dated 8 January 2013) Available at: Times of India.

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