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By Nick Kurczewski The Tata Nano is creating an entirely new segment of ultra-cheap city car, thanks to its rock-bottom, ,500 price. But the Indian-built hatchback could soon face serious competition from the very type of transport it was supposed to make obsolete. The Economic Times reports the Indian Finance Ministry is considering a cut to the excise duty placed on motorcycles, presently set at 16 percent. This could give a noticeable boost to India’s struggling two-wheeler market. Ta
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