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India’s retail car sales hit record in April, but Mideast crisis clouds outlook

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India’s retail car sales hit record in April, but Mideast crisis clouds outlook

Indian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, easier financing, and strong demand from rural areas. However, concerns about Middle East tensions and rising fuel prices may affect demand in the coming months. Dealers are monitoring inventory levels and urging caution from manufacturers. India's retail…

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