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Are you on the verge of zeroing on to buy a Hyundai model?
If yes, get ready to shell out more to pocket Hyundai cars.
Yes, the auto biggie has decided to hike the price by a mere 1.2 % across all its models from September 1st. Continue Reading »
Now, the state bank of India has fixed the interest rates for new car loans. The loan is available at 10 percent of interest rate for the one year tenure. The farmers and customers availing car loans from 23rd February 2009 to 31st May 2009 will applicable for the new rates. After the completion of the fixed period, the car loan will be available once again according to the card rates offered on the sanctioning date.
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Mixed emotions are raised due to the interim budget from the companies and auto industry experts in India. Mr. Pranab Mukherjee, the External Affairs Minister of India has presented the interim budget yesterday on the behalf of the Prime Minister Manmohan Singh. As per the agreement by leading industry lobby, there were neither specific kind of relief sops nor tax sops for the industry but maximized allocation to surface transport ministry and defense would lead to higher sales.
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