Carmakers may announce another price hike soon - ETAuto

3/31/2022 12:00:00 AM3 years 1 month ago
by Nabeel A Khan, ET Auto
by Nabeel A Khan, ET Auto
For the carmakers, raw material is almost 75% to 78% of the cost which has seen steady growth over the past few months. Owing to the recent geopolitical problems, the price situation continues to be uncertain. The prices of the key commodities of steel, plast…
Maruti Suzuki has already taken 4 price hikes totalling almost 9% since January 2021. The countrys largest carmaker Maruti Suzuki India and other OEMs like Mahindra & Mahindra and Tata Motors ar… [+2007 chars]
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