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Want to know the Reason Behind Auto Industry Slowdown Cause In India and what the Govt, Manufacturers, and Dealers said. Click here: https://www.truescoopnews.com/newsdetail/marut-suzuki-rubbishes-fm-nirmala-sitharaman-claim
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The Federation of Automobile Dealers Association (FADA) said it was "cautiously optimistic" about the slowdown in retail sales of automobiles • FADA President Ashish Harsharaj Kale told carandbike in an interaction that piling inventory at dealerships has been a cause for concern, more so for two-wheeler dealers, who are facing a severe crunch in customer footfalls for over a year now. Automobile Dealers Association (FADA
On The Other Hand Maruti Suzuki rubbishes FM NirmalaSitharaman claim of Ola, Uber being a factor in auto crisis Maruti Suzuki India’s Executive Director (Marketing and Sales) Shashank Srivastava told news agency PTI that the ownership pattern in India still has not changed and people purchase cars with an “aspirational aspect”. The Ola and Uber factor may not be strong to contribute to the current state of slowdown,” Srivastava said Read here more: www.truescoopnews.com/newsdetail/marut-suzuki-rubbishes-fm-nirmala-sitharaman-claim
Auto Crisis Also Slowdown Lakhs Of Jobs • The slowdown in auto sector has rende red an estimated three lakh and a fifty thousand people jobless due to spiraling lay offs in the automobile industry.
A Ray Of Hope • Many in the industry hope the upcoming Diwali season could shift car sales to top gear for a turn around if the government swiftly intervenes.
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