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Sep 16, 2006

India - High growth in commercial vehicle sales

India -Myiris.com -15 Sept 2006: -- Commercial vehicle (CV) sales are a lead indicator of economic growth... The growth in CV sales in the current fiscal, 46% for medium and heavy CVs, and 39% for light CVs in the April-August 06 period, is a good sign... Major trucking companies say the increase is because of a sustained growth in bulk cargo businesses like coal, steel and construction which need large trucks...

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