Category: CRC
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India: Lockdowns pull the brake on auto sales in May ’21
Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and,Hero MotoCorp, amongst others reported a double-digit decline in auto sales in May ’21 compared to the previous month as a spike in Covid-19 cases and lockdowns across states hit production and dispatches. Maruti Suzuki India Limited:The country’s largest carmaker, Maruti Suzuki India(MSIL),…