Covid: Amid localised lockdowns, auto firms log subdued sales in April ...Middle East

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Covid: Amid localised lockdowns, auto firms log subdued sales in April
source : Business Standard ( Middle East ) () 13
Major automobile manufacturers Maruti Suzuki, Hyundai Motor, Tata Motors and Kia on Saturday reported a decline in passenger vehicle sales in April compared to March this year as the second wave of the coronavirus pandemic hit dispatches. However, Mahindra & Mahindra along with Honda Cars India posted sequential growth in their passenger vehicle sales last month. Sales in April this year are not comparable with that of the corresponding month a year ago as companies had reported zero sales due to the nationwide lockdown imposed to curb the outbreak of the COVID-19 pandemic in the country. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent decline in total sales to

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