320-x-100_uti_gold.jpg" alt="Advertisement">
Quote on vehicles price hike By Ashwin Patil, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is quote on vehicles price hike By Ashwin Patil, Senior Research Analyst at LKP Securities
"In line with the continuous increase in input costs led by steel, aluminium etc, automakers are increasing prices of vehicles to maintain profitability. This move shall not impact demand significantly since customers are waiting for production to normalise given the fact that semiconductor chip availability has been haunting the sector. Once the chip issue gets sorted, buyers may ignore the price hikes and demand will continue well"
Above views are of the author and not of the website kindly read disclaimer
Top News
FM Nirmala Sitharaman urges World Bank to remain steadfast on principles of common responsib...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
