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Tata Motors Sales Up in July 2009!

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'Tata Motors Sales Up in July 2009India’s largest commercial vehicle manufacturer and 3rd largest passenger car manufacturer Tata Motors has registered its overall sales growth forJuly 2009.
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Honda Sales Up by 12 Percent in July 2009

Honda Sales Up by 12 percent in July 2009Honda Siel Car India registered 12 percent increase in its sales for July’09 with a 4857 cars compared to 4337 cars in same period last year.
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Hyundai Motors : Cumulative Sales Up by 17.6% in June’09

Hyundai Motors : Cumulative Sales Up by 17.6% in June'09India’s second largest car maker & the one of largest passenger vehicle exporters – Hyundai Motors reported 5.2% increase in its domestic sales at 23,016 units in June 2009 as compared to 21,881 units during the June last year. Thus the company has announced a net increase of 17.63% in sales in June’09.
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New Car Loan Scheme ‘SBI Fzee’ from SBI !

Hey Good news for New Car Buyers! SBI is planning to introduce one fresh new car-loan scheme christened ‘SBI Fzee’ for financing the new cars on 1st July’09.

According to this scheme, SBI will decide interest rates upto 8% for 1st years of car loan refund term.
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Hyundai Domestic Sales Drop 4 Percent in May

Hyundai Domestic Sales Drop 4 percent in May India’s 2nd largest car maker, Hyundai Motor India, on Monday posted a 4.11% drop in its domestic sales during May at 23,503 units, from the 24,510 units in the corresponding period last year.
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TVS Motor Records 5% Sales Growth in May 2009

TVS Motor Records 5% Growth in May 2009TVS Motor Company Ltd. has reported five percent growth in its two wheeler sales for May 2009. The company sold 1,18,574 units in May’09, registering 5% rise as compared to 1,12,770 bikes sold in the same month last year.
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On June 2nd 2009 in Auto Finance, TVS Motor

New Government Continue Support to Auto Industry – Maruti Suzuki

NEw government continue support to auto industry - Maruti SuzukiMaruti Suzuki, the country’s largest car maker is expecting the new government to go on support to the poorly affected auto industry.
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Tata Motors Gets Rs 2,500 crore in Nano Bookings

Tata Motors has raised nearly Rs 2,500 crore from the Nano bookings. This cash should support relieve the Tata’s finance requirements, particularly to deal with the bridge loans for buy of marquee brands JLR (Jaguar & Land Rover).
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Maruti Records 15% Sales Growth In April’09

Maruti Records 15% Sales Growth In April'09India’s largest passenger car manufacturer Maruti Suzuki India Ltd has recorded 15 percent growth in its sales in April’09. The company sold 71,748 cars in April as compared to 62,336 cars during the same month last year.

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Banks Offers Minimum Eligibility Criteria for Nano Loans

Banks which are in deal with the Tata Motors for financing its Nano, are planning to maintain the minimum eligibility criteria, so that the low & middle salaried group remains interested to their loan schemes (for Nano only).
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