GM to expand output at Halol up to 1.10L units

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Agencies: Ahmedabad, Nov 17 2012, 16:08 IST
end," Balendran said.

"With new launches we expect to sell 4,000 units per month from next year, although the market is sluggish in wake of high interest rate regime," he said.

According to industry estimates, nearly 85 per cent of the vehicles sold in India are financed.

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