Latest News on Slump In Auto Sector
Showing of 0 - 10 from 3 results
Slump In Auto Sector - Total results - 3
Sep 03, 2019
Auto sector crisis: Carmakers demand tax cuts to boost demand, analysts slash forecasts as sales plummetSales data from India’s top six carmakers, including Suzuki Motor Corp’s and Toyota Motor Corp’s Indian businesses, shows that passenger vehicle sales for August fell 34%.
Aug 07, 2019
Job cuts: Slump in auto sector sales forces firms to shut down factories; around 3.50 lakh workers laid offThe auto sector, which contributes more than 7 percent of India’s GDP, is facing one of its worst downturns
Jul 31, 2019
Slowdown woes: Reviewing exposure to auto dealers, car loans; will ensure sector does not suffer, says SBISBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.