Auto industry woes continue as Coronavirus likely to impact component supplies from China
He further said it was too early to assess how much of components come from China would see disruption.
He further said it was too early to assess how much of components come from China would see disruption.
The SIAM data shows that the production of the commercial vehicles was down by 72.07 per cent in September against the same month in the last year.
The minister further said that just like the way GST on electric vehicles has been reduced to 5 per cent from 12 per cent, he would propose to the finance ministry to extend the same benefit to hybrids vehicles.
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The highly anticipated 2017 Budget announcement has included little to affect either carmakers or car buyers. The reason? Since the…
