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Newsletters,

February Newsletter – 12/2/2020

Headlines

1. India auto production to shrink by 8.3 pc in 2020; coronavirus spread may hit supply chain: Fitch

Fitch Solutions on Wednesday said it expects vehicle production in India to contract by 8.3 percent in 2020 as the auto industry faces increasing risk of a supply shortage due to China’s coronavirus outbreak, possibly hitting domestic output if the virus spreads in the country.

Source: https://economictimes.indiatimes.com/industry/auto/auto-news

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Newsletters,

January Newsletter – 15/01/2020

Headlines

1) India Auto sales crash 14% in CY2019, the industry awaits GST cut to revive growth

2019 has been a rather forgettable year for the Indian automobile industry and the reasons are many. A prolonged economic slowdown, increase in vehicle prices, revised axle load norms for CVs that reduced M&HCV buying, the IL&FS crisis which impacted lending in rural India, the shift from BS-IV to BS VI-compliant vehicles, and subdued consumer sentiment. (source: autocarpro.in)

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