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Thursday, May 30, 2019

Auto companies face space crunch due to mounting inventory

The inventory pileup is resulting in a space crunch for several automakers, most of it for the market leader — Maruti Suzuki. While Maruti Suzuki’s production dropped by 10% in April, Toyota and Ford saw a decline of 29% and 28%, respectively.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JJSYyJ

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...