Reuters: Money News: Luxury carmakers chase the young, female and frugal

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Luxury carmakers chase the young, female and frugal Apr 23rd 2013, 01:03 MUMBAI (Reuters) - Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut costs, broadening their target market to include young, female and middle-class drivers to boost lacklustre performance.

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