FILE PHOTO: Cars are seen parked at Maruti Suzuki's plant at Manesar, in the northern state of Haryana, India, August 11, 2019. Picture taken August 11, 2019. REUTERS/Anushree Fadnavis/File Photo
The pandemic-related disruption to the supply chain comes at a time when India’s auto industry was already facing a slowdown in demand and government rules to adopt tougher emission standards forced carmakers to hike prices, driving customers away. The Society of Indian Automobile Manufacturers , an industry body, said domestic car and SUV sales slumped 50% in June from last year, while sales of two wheelers - widely seen as an indicator of the health of the rural economy - fell 39%.
“Production has been slow to pick up due to supply chain disruption and weak demand,” said Rajan Wadhera, president, SIAM.
3-4 years? What makes you so optimistic?
I am going purchase after lockdown but company will be Indian & made in India !! Then I feel a little contribution toward my country ! ! 🇮🇳🇮🇳
My god. Thats a long time.
Assuming there's anyone buying cars
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »