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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Slowdown in automobile industry attributed to urban congestion

A motor company which used to produce nearly 3.10 lakh cars every year now manufactures just 1.30 lakh four-wheelers ! Mysuru/Mysore: There is a slowdown in the economy including in automobile industry…

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Published February 24, 2020 · 3 min read
slowdown in automobile industr

A motor company which used to produce nearly 3.10 lakh cars every year now manufactures just 1.30 lakh four-wheelers !

Mysuru/Mysore: There is a slowdown in the economy including in automobile industry as demand for vehicles, especially four-wheelers, has come down due to various reasons including app-based taxis, metro trains and urban congestion, said Shekar Viswanathan, Past Chairman of CII Karnataka and Vice-Chairman, Toyota Kirloskar Motors.

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