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February Car sales figures shows effect of Auto Expo & Corona Virus, While the Auto Industry is already going through a slowdown; COVID-19 worsened the scenario and has disrupted the supply chain as well. A lot of vendors are based out of China and the shortage of parts have heavily impacted the productions and subsequently dispatches. The changeover to BS 6 norms shall now be even more dreadful for both OEMs and respective dealer partners. The Auto Industry degree -6.8% in Feb’20 v/s Feb’19 and it was one of the steepest falls in the month of February in the past 10 years.
Sales figures courtesy www.autopunditz.com
#carSales #Top10Cars #AskCARGURU
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