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 reported lower profits due to cost pressures. Automakers are investing heavily in new technologies and plants, affecting current earnings.
from Auto-Industry-Economic Times https://ift.tt/4O2J5Hr
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