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Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand slump, exacerbated by recent guidance cuts from Porsche and pre-buying trends. While domestic auto majors acknowledge a recent slowdown, TVS remains optimistic about two-wheeler growth, contrasting with Maruti's muted outlook on passenger vehicles.
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There is no data on how widely cash is accepted which puts the UK at risk of becoming cashless, a report warns.
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The slowdown in the market was expected due to the lowering of thresholds at which buyers need to start paying stamp duty.
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News and Media
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