India's automakers warn of up to 45% sales drop as economy slumps amid pandemic - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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India's automakers warn of up to 45% sales drop as economy slumps amid pandemic

India's auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18% last fiscal year to 21.5 million vehicles due to an economic slowdown. The pandemic, which has seen businesses shuttered and people told to stay at home all over the world, is set to make things worse.

from Auto-Industry-Economic Times
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