Economic slowdown fuels auto component production cuts
Economic slowdown has forced manufacturers of auto parts to resort to production cuts. Capacities at most component-makers are going under-utilised as vehicle-makers have cut production levels of late. Also, increasing import cost is hurting their profitability.
Other Auto Videos
Hero MotoCorp to launch its first electric scooter Hero Vida on October 7
UK's BII to invest in new Mahindra EV unit at USD 9.1 billion valuation
Maruti Brezza: With 6 airbags and 360 degree view camera & heads up display, here's how it looks
Gadkari approves draft notification for car assessment via crash tests
Ola opens bookings for electric scooter at Rs 499
