The hikes include both regulatory costs as well as raw material price rises, said car marketers. “What we are witnessing is that the pricing power for OEMs differs across segments. Sedans are classic example. The segment has declined and value perception for SUVs, MPVs has improved, allowing OEMs to implement tougher price increases,” said Ravi Bhatia, country hesad, JATO.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3srKP4J
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