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Outlook for auto industry stable in 2013: Fitch

Tuesday, January 8, 2013

WN.com - Business News
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Outlook for auto industry stable in 2013: Fitch
Jan 8th 2013, 10:17

MUMBAI: The outlook for the domestic auto industry this year is stable. Low demand in 2013 coupled with a capacity overhang (particularly in passenger vehicles) and intensifying competition is likely to reduce industry operating margins. However, as the major auto original equipment manufacturers (OEMs) have low...
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