India’s Top Carmaker Slices Production as Lockdowns Hit Sales
Updated May 05, 2021 04:52 am
- Maruti Suzuki India Ltd. may halve its production capacity as an overwhelming surge of coronavirus infections shutters some of its sales outlets in the South Asian nation.
- The problem is on the “sales side because in several states there is a partial lockdown and there’s a curfew in some states and the dealers who sell the cars are having to close down,” Maruti Chairman R.C. Bhargava said in an interview with Bloomberg Television on Tuesday. “Half the sales outlets are closed at the moment.”