Tough times ahead for auto: Tata
BS Reporter / Mumbai July 25, 2008, 0:33 IST Says fuel price increase and subsequent rise in input prices pushed overall costs. Ratan Tata, chairman of Tata Motors said that rising costs of fuel and raw materials are the biggest worry for the automobile industry. Tata also warned of tough times for the company as its market share slid in the last financial year. The company's market share fell from 19.21 per cent in 2006-07 to 15.78 per cent last year, according to the Society of Indian Automobile Manufacturers (Siam).