Rising input costs hit margins of auto cos

  • 2:22
  • Published On: May 28, 2008
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It looks like a bumpy ride ahead for auto majors as the numbers from both Mahindra and Tata Motors reveal it is a tough time for the industry plagued by rising input costs and high interest rates.The pressures are catching up and hitting margins hard. The view was unanimous - that the environment is tough and it is likely to stay that way.

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