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Even as some automakers limp, others charge ahead
Consumer buying patterns has forced automotive comapnies to struggle to stay afloat even as their competitors charge ahead
However, once growth starts Hero, Bajaj have more capacity & room to produce at present condition
With a day's closure of the Gurgaon unit, Maruti Suzuki joins line of peers cutting production
Sources indicate calling for a stoppage of work in the Gurgaon region is a possibility
Announcement on the heels of the government increasing customs duty on imported bikes
Logistic service firms, road transporters could induct special wagons and avail of freight rebates from the Railways in return
Rebates for carrying auto on railways are in-built into the freight rates offered by the railways
Auto companies see sales of small cars dwindling contrary to popular belief that
Of the 15 million vehicle owners in the country, around 10 million are looking to switch to a better car
Workers at Gurgaon unit have been agitating for the past two months to press ahead with their demand for higher wages
Wage talks still turn out to be inconclusive
Growth in profit despite marginal fall in net income