Why Car Prices Didn’t Rise Despite Rising Metal Costs in India
Metals are “Hot”
Metal prices like steel and aluminium are climbing fast, forming 85-90% of a car’s weight and squeezing manufacturer margins
No Jan Price Hikes
Unlike previous years, automakers didn’t raise vehicle prices this January despite cost pressures
Margins Under Pressure
Rising raw material costs are squeezing margins, especially from precious metals like copper and aluminum
Future Price Moves Likely
Analysts expect “intelligent” or selective price adjustments later in the fiscal year if costs persist
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