Tuesday, August 24, 2010

Increase in domestic demand forces car makers to cut exports

India shining


Hyundai Motor India Ltd and Maruti Suzuki India Ltd, the country’s largest and second-largest car exporters, have been diverting production capacities running at optimum utilization levels to feed the local market, where car sales expanded 33% to 756,000 units in the four months ended July.



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