NEW DELHI (Reuters) – Indian automakers Mahindra and Mahindra Ltd
“Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy,” Veejay Ram Nakra, Chief of Sales and Marketing at M&M’s automotive division said in a press release.
Tata Motors said in a press release that it, too, had been hit by supply disruptions due to the coronavirus outbreak in China, and was working to mitigate the situation.
Along with Maruti Suzuki M&M said its domestic sales had fallen by 42%, while Tata Motors reported a drop of 34%. Maruti Suzuki said its total domestic sales were down by 1.6% in February from a year ago.
(Reporting by Devjyot Ghoshal; Editing by Mark Potter)