MUMBAI – General Motors India Ltd. missed its modest 75,000-unit sales target for 2008, instead delivering 65,702 passenger vehicles in the year. The result still was 9.5% ahead of 2007. Additionally, the auto maker remains on track to raise its market share to 10% from 4% by 2010, despite the sluggish market, consumer apathy and tightening credit for dealers and car buyers. GMI’s short-term strategy is to take the market slowdown in stride, while focusing on its long-term product ...
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