Vehicle makers to post lower profits

Written by:
Subscribe to Oneindia News


New Delhi, 24 Jan, 2008: Apart from India's No 1 car maker, Maruti Suzuki, and top motorbike maker Hero Honda Motors both of whom have reported gains in quarterly net profits, most other vehicle makers are likely to take a hit from price discounts.

However analysts say steadier costs for raw materials, hopes of lower interest rates and new launches could help boost demand.

watch Video 

 

OneIndia News

Please Wait while comments are loading...