Auto players'margin to be further squeezed - analysts

Analysts said automotive players are likely to suffer a further squeeze on their already tight margins this year as the upcoming Goods And Services Tax (GST) and weaker ringgit are likely to add to cost pressure.

This is because it is unlikely that automotive players could raise prices and pass on additional costs to car buyers, with the heightened competition in the market and the tightening of loan criteria by banks.

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