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Passenger vehicle sales to cross 3 million for the first time in FY17

December 31, 2016, 09:21 IST
A sharp pickup that the market is witnessing of late is boosting the confidence of automakers. After an impressive July, passenger vehicle sales in August are estimated to have grown 11-12% to 2.45-2.50 lakh, led primarily by strong demand for vehicles from Maruti Suzuki and Hyundai Motor India.

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