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Bumpy drive for auto cos; Tatas bet on fuel efficient cars

The automobile space is staring at a downturn. Tata Motors says soaring interest rates and high fuel costs are turning into a deadly double blow for the Indian auto industry. MD-India operations, PM Telang told CNBC-TV18, that smaller commercial vehicles would aid overall volume growth of the company.

first published: Aug 22, 2011 05:36 pm

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