preview-auto parts cos to see costs pinch from q1 profitsmumbai, july 21 (reuters) - major indian auto parts makers are seen reporting marginal-to-modest profits in the june quarter with rising input costs gnawing into margins.auto industry girds for more weak salesnew york -- the auto industry is preparing to report yet another month of rapidly slowing sales -- possibly the worst in decades -- as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships.senate plans auto industry bailout debatesenate democratic leaders plan monday to take up legislation providing $25 billion in assistance to the struggling domestic auto industry, a spokeswoman said friday.auto market is europe's Biggest in H110 july 2008 russia passed germany as europe's biggest auto market in the first half as sales rose 41 percent to 1.65 million cars, swollen by demand for models from U.S. and Asian manufacturers, PricewaterhouseCoopers said Wednesday. |
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