The bad times in the India automobile market started with the slowdown in Q4 2018, triggered by the NBFC (Non-Banking Financial Companies) crisis, reports the September issue of PowerTALK™ News. Since then it has been 10 consecutive months of hard times for almost all automobile segments.
Weak market sentiments and an overall economic slowdown have added to existing reasons for low sales.
The other top stories in this issue of PowerTALK™ News include:
• Trouble in India’s Motown
• CNH Plans Major Changes
• DataPoint: NA Aircraft Support Equipment
• Great Wall Motor Plan Europe Expansion
• Toyota Plans Hybrid Flex Fuel Production in Brazil
• Brazil, Argentina Sign Auto Free Trade Pact
• Doosan Bobcat Opens Manufacturing India Plant
• Toyota To Invest US$ 300 Million in St. Petersburg Plant
