Stack Down Automobile Industry in last Months

we are heared about "Automobile industry" stack down due to some economic reasons. When it comes to managing an auto dealership or sales facility , it's important to be dealing to all these issues with confidence after Market down otherwise, customer will not purchase a vehicle.

 

India's top manufacturers of passenger vehicles and two-wheelers have announced factory Shutdown for unsold Inventory in a week's of months in markets. It's difficult for automobile industry to achieve production and growth , due to GST and some economical issued. In the beginning of june unsold dealership is (nearly RS 35,000 Cr.). With all these external issues that would majorly affected the automobile industries and this slow down leads to close many factories and showrooms of automobiles.

Some of the passenger vehicle maker in Automobile are announced to shutdown their showrooms in big cities like gurugram, faridabad,etc and the industries are Maruti Suzuki, Tata Motors, Honda, and Mahindra & Mahindra etc , and some have completed the process. According to analysis the market shutdown are likely to reduce the industry output by 20-25% in may-june period and the pressure on the cramped stockyard at factories also effect.

Automaker's Maruti Suzuki, Tata Motors, Honda, and Mahindra suspended production for several day in may. also 10 thousands closing job growth, with rising fuel prices & a liquidity crisis in the non-banking financial companies.