| 03/01/2009 10:43 (3 Day 11:59 minutes ago) |
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The FINANCIAL -- A deepening recessionary trend in the economy, coupled with continuing credit squeeze and high interest rates, has further depressed customer sentiments. As a result, automobile purchases are being severely impacted. Tata Motors’ domestic sales for the month of December 2008 were 23,894 nos., a decline of 44% compared to 42,977 nos. in December last year.
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