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More cars, thinner margins: Why rising sales aren’t boosting automakers’ profits

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 repo…

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 repo…
Read original at The Times of India