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 

Maruti Suzuki

The nationwide lockdown has added more pressure on India's auto industry that was struggling with a slowing economy and lean demand.

India on Friday reported zero monthly domestic sales for the first time ever in April, as the country remained under to contain the spread of the

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 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

RECENT NEWS

JPMorgan's Berlin Moment: Chase Takes On Europe

There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more

What Strategy's Bitcoin Sale Really Tells Us

There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more