Covid-19 impact: 8-10% auto dealers face closure

There are currently about 15,000 auto dealerships (includes 2,3 and 4 wheelers) across India. It is expected that there will be closures of at least 8-10% of these dealerships in the next six months. A year back, around 275 plus dealerships were forced to shut shop citing unviability of the business when a slowdown choked sales.

from Auto-Industry-Economic Times https://ift.tt/2wGRCzN