Day: March 15, 2020

No respite to auto industry as negative sale continues amid coronavirus worries, Auto News, ET Auto

Industry veterans and analysts say that the wholesale dispatches have been on the decline and the impact could aggravate.
Market veterans and analysts say that the wholesale dispatches have been on the decline and the impression could aggravate.

New Delhi: Staring at production cuts and doable plant disruptions by coronavirus which has currently disrupted international offer chain the automobile sector was in deep crimson in the thirty day period of February with preventive production minimize by the automakers for BS-VI changeover aggravating the general performance.

Passenger vehicle domestic revenue in India in February 2020 has declined seven.sixty one per cent to 251,516 models, in comparison to 272,243 models recorded in the very same thirty day period last 12 months, disclosed SIAM on Friday. Passenger car domestic revenue have dived to 156,285 models last thirty day period, down 8.seventy seven per cent from 171,307 models registered in the very same thirty day period of 2019.

Market veterans and analysts say that the wholesale dispatches have been on the decline and

Read More