Auto sales rise 31 percent in 2010, will continue at 15 percent or better in 2011

The Society of Indian Automobile Manufacturers (SIAM) reported that 2010 sales climbed to 1.87 million cars from 1.43 million in 2009, a breathtaking increasing of 31 percent. Car sales are projected to  rise  to 3 million units a year by 2016, according to SIAM. Growth will not be as high...

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