The car price hike post-budget and rising interest rates have taken a heavy toll on passenger car sales in India.

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On a 1400 square metre stand with 17 cars on show, Peugeot presents all the modernity of its range, the youngest and most extensive in its history in China, an expression of the allure and the modernity of all that is French, with a complete offering of vehicles carrying the Roland Garros identity and an original concept car, the "Urban Crossover Concept", a worldwide reflection on the evolution of the offering in the B segment.

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Renault is gearing up to launch a cheaper variant of the Renault Fluence, powered by the same 1.5-litre dCi diesel engine, but in a lower state of tune, producing 85 PS.

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Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%. However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.

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Car sales in February have been better than expected, especially coming on the back of the depressed sentiment in the market in the last quarter of 2011. Most car-makers have reported better than expected sales, but are cautious before commenting on whether such momentum will be maintained in the coming months.

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Renault India today announced a price hike for its recently launched compact premium car – the Pulse. The price increase in rupee terms translates to an amount of approximately Rs 12-14,000, depending on whether buyers opt for the RxL or RxZ variant.

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The Renault Duster SUV, unveiled to the public at the 2012 Auto Expo, will be ready for a market launch in India before Diwali, according to Renault India boss Marc Nassif.

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Renault will decide on whether to launch the Pulse petrol version in India after the Union Budget in March, autojunction.in can reveal. Renault India boss Marc Nassif feels that given the current market scenario, a petrol version of the Pulse would not be able to gain traction with consumers.

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Renault's eagerly-awaited Duster SUV was finally unveiled at the New Delhi Motor Show. The Duster is being readied for a market introduction later this year.

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The new Renault Pulse, the third car from the French car-maker, and its volume product for the Indian market, was officially launched at the Auto Expo today. The Renault pulse will be available in two variants, with prices starting from Rs 5.77 lakh.

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