Sunday, March 1, 2020

Maruti, Hyundai, Toyota say production schedules unaffected so far by coronavirus outbreak in China

The companies, however, continue to monitor the situation closely, especially the operations of their major suppliers, in order to face any adverse situation that crops up in the future. The domestic automobile industry, which has been riding through the worst slump in two decades, is likely to be negatively impacted and its supply chain disrupted if the coronavirus outbreak in China and South-East Asia persists longer.

from Auto-Industry-Economic Times https://ift.tt/2I6OC1N

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India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog

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