Sunday, October 25, 2026

Auto sector margins may improve from third quarter but El Nino, West Asia crisis key risks: Report

Automobile sector margins are projected to improve gradually after the second quarter of FY27 as manufacturers increase prices. The growth in automobile sales across segments has been strong, driven by a favourable base and festive season demand. However, growth rates may moderate in the upcoming quarters as the base normalizes.

from Auto-Industry-Economic Times https://ift.tt/2GzqQf0

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...