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
Mahindra may increase vehicle prices in Q1 next fiscal
Last month, the automaker announced a price increase of personal and commercial vehicles by around 1.9 per cent with immediate effect
BusinessToday.In | February 6, 2021 | Updated 13:30 IST
Mahindra & Mahindra (M&M) has hinted at a likely price increase of its range of vehicles over the next few months
Mahindra & Mahindra (M&M), India s fourth-largest passenger carmaker, has hinted at a likely price increase of its range of vehicles over the next few months in the wake of rising commodity prices.
The manufacturer, which was recently reported to have slashed jobs in its North American operations, may cut them further even as it gets ready to launch its off-roader vehicle Roxor.
Will higher car prices help Maruti preserve margins?
The combination of higher prices and shrinking average discount per vehicle may minimise the impact of cost inflation.
Synopsis
Maruti has finally decided to raise vehicle prices by up to Rs 34,000 effective from January 18 after lagging behind the curve to pass on the higher costs to customers due to the implementation of new emission norms in April 2020.
ET Intelligence Group: The stock of Maruti Suzuki India has trailed the benchmark indices by 6% over the past three months on concerns over the impact of rising raw material costs on the operating margin. The company’s decision to increase car prices across the board should allay these concerns. In addition, the recovery in sales volume and tapering discounts are likely to support the stock in the medium term.
clear in not wanting to rile up the incoming president. other automakers said no one likes the tax and could raise vehicle prices and no one thinks that is a good idea. heather: maybe we ask the question, where was the car made? thank you. jeff. and the league s win or go home wild card weekend. and the suspected sore loser who is accused of punching a hole in this wall.
i m sue herera with your cnbc market wrap. it s been a little bit of a down side bias. the market is off 16 points. 4 on the s&p 500 and the nasdaq is off almost 12. effective today, general motors will raise vehicle prices by an average of $123 per vehicle. the automaker says the increase is to make up for higher oil and metals prices. and those higher oil prices are driving up the cost of just about everything else, too. manufacturers of everyday products say they will also have to pass those increases onto their customers. kimberly clark, proctor and gamble, unilever, and pepsi-cola just some of the companies raising prices. economists say that could put a brake on the recovery. how was osama bin laden able