(Adds Daewoo plans, para 9 onwards) By Arif Sharif NEW DELHI, Feb 27 (Reuters) - India's biggest vehicle maker, Tata Motors Ltd , said on Friday it was battling a sharp jump in domestic steel prices which could force it to raise vehicle prices. Ravi Kant, Tata Motors's executive director for commercial vehicles, told Reuters the continuous increase in steel prices was pushing up prices across sectors and if this spiral continued it could hit the entire industry in six-eight months. ...
Premium Content (PAID Subscription Required)
"UPDATE 2-India's Tata Motors hit by steel price hike" 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: firstname.lastname@example.org or phone: (248) 799-2642