Sunday, December 8, 2024

New Year, New Prices: Automakers announce January price hikes amid rising costs

Indian car manufacturers are set to raise prices across various models starting in January, citing increased input costs and operational expenses. This annual practice also encourages year-end sales as customers try to avoid the price hikes. Declining profitability and festive season discounts further contribute to the price adjustments.

from Auto-Industry-Economic Times https://ift.tt/RpDkGF8

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...