Covid-19 Impact: Zero Sales For Maruti Suzuki In April As Lockdown Bites
The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus
Topics
Maruti Suzuki | Car Sales | Lockdown
Reuters Last Updated at May 1, 2020 10:20 IST
The nationwide lockdown has added more pressure on India's auto industry that was struggling with a slowing economy and lean demand.
Maruti Suzuki India on Friday reported zero monthly domestic sales for the first time ever in April, as the country remained under lockdown to contain the spread of the coronavirus.
The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus.
As of Friday morning, total cases in the country rose to over 35,000, including 1,147 deaths.
The nationwide lockdown has added more pressure on India's auto industry that was struggling with a slowing economy and lean demand.
First Published: Fri, May 01 2020. 10:19 IST
Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more
Central Banks And The Economic Horizon: Steering Through Uncertaintie
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Transforming Financial Operations With Robotic Process Automation
Author: Ricardo Goulart ... Read more
The Role Of Machine Learning In Fraud Detection
Author: Gerardine Lucero  ... Read more
Principles Of Islamic Banking And Finance
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more
The Role Of Central Banks In Global Economy
The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more