Vehicle makers to post lower profits

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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.

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