Your good car deal costing heavy on Maruti Suzuki’s pocket
India’s largest carmaker by volume Maruti Suzuki saw a bumpy third quarter as the automaker struggled with higher discounts and weak small car sales, leading to a lower-than-expected profit. For Maruti and its peers, FY25 has been about poor consumer sentiment, which had raised car inventories everywhere. Hyundai India also reported lower third-quarter earnings, while … Read more
