Friday, April 26, 2013

Reuters: Lifestyle: Luxury carmakers chase India's young, female and frugal

Reuters: Lifestyle
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Luxury carmakers chase India's young, female and frugal
Apr 26th 2013, 12:49

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 India's young, female and middle-class drivers to boost lackluster performance.

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