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Cost pressure: Carmakers see strong sales but lower profits
NEW DELHI: Carmakers are selling more vehicles, but higher volumes are not necessarily translating into fatter profits. Rising commodity costs, adverse currency movements and production disruptions are squeezing margins at some of India's biggest passenger vehicle makers even as demand remains strong.
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timesofindia.indiatimes.com
Cost pressure: Carmakers see strong sales but lower profits
NEW DELHI: Carmakers are selling more vehicles, but higher volumes are not necessarily translating into fatter profits. Rising commodity costs, adverse currency movements and…
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economictimes.indiatimes.com
More cars, thinner margins: Why rising sales aren’t boosting automakers’ profits
Indian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufacturer margins. Maruti Suzuki's profits fell…
