Price hikes to dampen recovery for Indian automakers after festive boost: Fitch ANI | Updated: Dec 17, 2020 14:12 IST
Mumbai (Maharashtra) [India], December 17 (ANI): Indian automakers plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from the coronavirus pandemic reasserts itself, Fitch Ratings said on Thursday.
Pent-up demand after gradual easing in the government s lockdown measures helped monthly wholesale volume of passenger vehicles (PVs) return to growth after July. PV wholesale volumes rose by 13 per cent year-on-year in the quarter ended September.
Price hikes to dampen recovery for Indian automakers after festive boost
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Price hikes to dampen recovery for Indian automakers after festive boost
ANI | Updated: Dec 17, 2020, 18:39 IST
Indian automakers plans to pass on higher commodity prices to customers will dim the prospects for a demand r.Read More
MUMBAI: Indian automakers plans to pass on higher commodity prices to customers will dim the prospects for a demand recoveryafter December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from the coronavirus pandemic reasserts itself, Fitch Ratings said on Thursday.
Pent-up demand after gradual easing in the government s lockdown measures helped monthly wholesale volume of passenger vehicles (PVs) return to growth after July. PV wholesale volumes rose by 13 per cent year-on-year in the quarter ended September.
Price hikes to impact auto sales recovery in India: Report Updated Dec 17, 2020 | 18:53 IST
The price increase will further lift the cost of owning vehicles after price hikes of up to 15 per cent from April 1 following the implementation of BS6 a more stringent emission framework. Price hikes to impact auto sales recovery in India: Report
Indian automakers plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from the coronavirus pandemic reasserts itself, Fitch Ratings said on Thursday.
Price hikes to dampen recovery for Indian automakers indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.
Commissionerate Police take Akash Pathak on four-day remand Post News Network
Bhubaneswar: The Commissionerate Police have taken Akash Kumar Pathak on a four-day remand, informed Commissioner Sudhanshu Sarangi, Thursday. Notably, Pathak is accused of impersonating himself as managing director of Tata Motors Limited (TML) and duping job seekers and a travel agency. The police will investigate the allegations levelled against Pathak during the remand period.
The signature samples of Akash will be collected and sent to the Handwriting Bureau for examining the authenticity of his signatures on the appointment letters issued by him to job seekers, said Sarangi.
TML had lodged a complaint with the Crime Branch of Odisha Police against Akash accusing him of committing forgery by impersonating as its MD.