Auto companies stare at bleak wholesale numbers in May

Early indications show this month could be a washout, with auto majors such as Maruti Suzuki, Hero Motocorp, Mahindra & Mahindra, and Tata Motors likely to manage just one-tenth of average monthly wholesale sale numbers, and experts warn of a prolonged crisis due to economic slowdown and poor consumer sentiment.

from Auto-Industry-Economic Times https://ift.tt/3d6K7lM