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India’s new vehicle market expected to improve in 2015

Jonathan Storey shares his forecast for India's vehicle market in the medium term

India's passenger car market has been a roller coaster ride of late. First, new car sales plummeted over two consecutive financial years. This was followed by a slight revival, with sales improving year-on-year for a few months. Now, however, numbers are down again and have been over two consecutive months, in what has so far been a muted festival season.

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