Tyre maker Ceat to stick to marginal price hikes


MUMBAI, Dec 24 (Reuters) - Ceat Ltd , India's fourth largest tyre maker, plans to continue 1-2 percent price hikes of its tyres having decided big price increases unfeasible, a senior official told Reuters on Friday. High prices of natural rubber has played havoc with profit margins of tyre makers with domestic rubber prices jumping nearly 50 percent so far this year. On Thursday India cut import duty on natural rubber to 7.5 percent from 20 percent for shipments up to 40,000 tonnes ...

Premium Content (PAID Subscription Required)

"Tyre maker Ceat to stick to marginal price hikes" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×