Encouraged by a bullish Indian auto market, DaimlerChrysler AG’s Indian unit reportedly is setting a growth target of 15% for 2003. DCI hopes to sell 1,580 Mercedes vehicles, against 1,350 sold in 2002. Last year marked a dip from 2001, when 1,480 Mercedes were sold. Officials say the decline was due to the phasing out of old models while new models ramped up. The changeover will allow the auto maker to meet increasing demand, officials say. DaimlerChrysler assembles Mercedes kits at a ...
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