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Carmakers partly absorb commodity shocks

Partially corroborated51

Mumbai: India's biggest carmakers are partly absorbing a sharp rise in commodity costs rather than passing on the entire burden to customers, betting that uninterrupted production is more crucial than protecting margins at a time when demand continues to be robust. Car sales in India have been ad...

First seen · latest update · India · other

Developing: this story surfaced recently from a single outlet. It appears early by design — expect the reporting-confidence score to move as more outlets report (or don’t).

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