Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
IANSFeb 20, 2021, 12:47 IST
IANS
New Delhi, Vehicle price hikes coupled with
cost rationalisation measures taken by OEMs will limit the impact of rising input cost but these might not be adequate enough to sustain margins at the 3QFY21 levels, said India Ratings and Research.
Accordingly, the Q4FY21-Q1FY22 standalone EBITDA margins of OEMs could be 100-200 basis points lower than Q3FY21 s margins, on account of the recent spike in