Indian Automakers’ Challenges to Persist After Weak 1Q: Fitch Ratings
Mumbai/Singapore: Subdued demand conditions that led to weak performance by Indian automakers in the first quarter of the financial year ending 31 March 2020 (FY20) will likely persist, adding to the challenges from the implementation of stricter emission norms under BS6 from April 2020, says Fitch Ratings. Most auto OEMs reported lower volumes and profitability… Read More Indian Automakers’ Challenges to Persist After Weak 1Q: Fitch Ratings