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Inflation, interest rate to hit car sales' [1]

Japanese carmaker Honda on Tuesday cautioned that high interest rates and inflation would impact car sales in India this financial year, though said premium segment would manage a double digit growth. The company, that rolled out its next-generation Accord sedan after the model was discontinued a few months back, said market conditions appear to be tough for the first two quarters of 2007-08.

Publication Date: 
14/05/2008
Times Of India (New Delhi) [2]
Tags:
Iron And Steel Industry [3], Automobiles [4], Auto Industry [5], Honda Siel [6]

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Source URL: http://admin.indiaenvironmentportal.org.in/news/inflation-interest-rate-hit-car-sales

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/inflation-interest-rate-hit-car-sales
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/automobiles
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/honda-siel