Reuters: Money News: Tata, M&M car sales slump; falling rupee to hurt industry

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Tata, M&M car sales slump; falling rupee to hurt industry Sep 2nd 2013, 08:00 REUTERS - Domestic sales for two big Indian automakers tumbled in August on rising fuel costs and interest rates, and the industry looks set for more pain as a sharply weaker rupee hits profit margins during key sales months ahead.

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