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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 despite record sales, showing margin erosion. Tata Motors and Hyundai also reported lower profits due to cost pressures. Automakers are investing heavily in new technologies and plants, affecting current earnings.
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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…
