Temporary shutdowns reflect the plight of the Indian auto market

The Indian automotive market has posted dismal results over the past year, thanks to a generally sluggish economy, high inflation and interest rates, and poor consumer confidence. This has led to a massive rise in vehicle inventory levels in the country. At the beginning of last month, for instance, inventory levels had reached 45-60 days, … Continued

• By Webmaster
• January 8, 2014