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Carmakers see demand slump due to petrol price hike
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Carmakers see demand slump due to petrol price hike
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Published On: May 16, 2011
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Carmakers in the country are expecting sales to slow down further following the biggest ever hike of Rs 5 a litre in petrol prices, which comes at a time when the market is already reeling under pressure from high interest rates on auto loans.
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