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Maruti, Hero cut production by a fifth as auto sales slow down on political uncertainty

Updated : April 08, 2019 06:25 PM IST

Passenger car dispatches were growing at 6 percent in the first six months but fell by 3 percent in the second half and by 5 percent in the last quarter of FY19.
Two-wheeler dispatches were down 9 percent in the fourth quarter from a growth of 10 percent in the first six months of the fiscal.
Automobile industry veterans say a slowdown in the dispatches of passenger vehicles, in particular, just before the general elections, was noticed in two previous instances too.
Maruti, Hero cut production by a fifth as auto sales slow down on political uncertainty

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