FOCUS-Rate hike seen hitting durables demand; autos steady

Newswire

* Interest rates seen moving up by Q3 * Demand for consumer goods may get hit in 6 months * Growth in auto sector unlikely to be impacted much By Aniruddha Basu MUMBAI, July 27 (Reuters) - The higher-than-expected rise in interest rates by India's central bank could hurt the consumer durables business, but demand in the booming auto sector may sustain, company officials said on Tuesday. India's central bank raised interest rates more forcefully than expected on Tuesday, signalling ...

Premium Content (PAID Subscription Required)

"FOCUS-Rate hike seen hitting durables demand; autos steady" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 1, 2014
blog

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014
blog

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More
Jun 27, 2014
blog

The Disconnect With Electric Cars 20

Automakers have spent billions of dollars, euros, and yen and won to produce EVs and FCVs, fervently hoping they’ll earn a return on that investment. So far they haven’t netted a nickel, and there’s nothing on the horizon to suggest they soon will....More

Sponsored Introduction Continue on to (or wait seconds) ×