MUMBAI, Oct 29 (Reuters) - A senior official of Mahindra & Mahindra said on Thursday it is difficult for India's largest utility vehicles maker to raise prices, despite rising input costs. Mahindra will have to take a hit on margins because of rise in input costs, said Pawan Goenka, head of the company's automotive division, adding he was concerned about the rise in sheet metal and tyre prices. (Reporting by Janaki Krishnan; Editing by Jarshad Kakkrakandy)
Premium Content (PAID Subscription Required)
"India's Mahindra says difficult to raise prices" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.