Thursday, October 24, 2019

Honda stares at plant closure as India sales fall 50% in 4 years

With annual plans likely to drop to almost 1 lakh units in FY20, Honda may move production from Greater Noida to the Rajasthan plant and sell the land acquired in Gujarat a few years back. The Greater Noida facility may turn into a R&D hub.

from Auto-Industry-Economic Times https://ift.tt/2BIEGZ4

No comments:

Post a Comment

Global electric wheels take turn on to Indian roads

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...