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MONDAY, MAY 12, 2025
Indian automakers say China coronavirus outbreak hitting parts supply

Global Economy

Reuters
01 March, 2020, 07:10 pm
Last modified: 01 March, 2020, 07:13 pm

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Indian automakers say China coronavirus outbreak hitting parts supply

“Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy”

Reuters
01 March, 2020, 07:10 pm
Last modified: 01 March, 2020, 07:13 pm
Mahindra Funster electric concept SUV is on display after it was unveiled at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis
Mahindra Funster electric concept SUV is on display after it was unveiled at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis

Indian automakers Mahindra and Mahindra Ltd (M&M) and Tata Motors said on Sunday their supply of parts from China had been hit, as fallout from the coronavirus outbreak mounts.

"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.

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Along with Maruti Suzuki - India's biggest carmaker - both companies on Sunday reported a decline in sales in February, compared with a year ago.

M&M said its domestic sales had fallen by 42 percent, while Tata Motors reported a drop of 34 percent. Maruti Suzuki said its total domestic sales were down by 1.6 percent in February from a year ago.

World+Biz / Coronavirus chronicle / South Asia

Coronavirus in China / Mahindra and Mahindra Ltd (M&M) / Tata Motors

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