Automotive Industry Interviews

The market was dominated by Maruti Suzuki with a share of over 50 p.c in the segment. The company turned the only manufacturer to promote over 20 million passenger autos cumulatively. Commercial vehicles registered the highest growth that 12 months at about 17 %. Mahindra & Mahindra, Ashok Leyland and Eicher Motors have been different gamers in the market. The auto sector represented 20% of 2018’s slowdown in GDP and roughly 30% of the slowdown in international trade, in accordance with the IMF’s latest World Economic Outlook survey released this month.

Digital laggards in different industries have been capable of quickly improve their place, and automotive players can emulate them. One clear success story from one other industry includes a traditional German catalog and mail-order retail company. After experiencing growing stress and important competitors from online businesses and fast-style gamers, the company created a new platform as a web-based fashion …