Search For "increase in commodity prices"
Hyundai cars in India to get costlier from January 2024
Updated : 2 years, 3 months ago IST
Cars manufactured by Hyundai Motor India will cost more starting January 2024. The automaker announced on Thursday that the price increase was needed owing to rising input costs, an adverse exchange rate, and an increase in commodity prices, amongst other reasons.
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Auto component industry to witness 20-23 pc growth in FY22: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], July 29 (ANI): The Indian auto component industry is expected to report 20 to 23 per cent revenue growth in FY2022, supported by strong exports demand, and recovery in domestic original equipment and aftermarket segments.
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Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
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