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In India, the government’s decision to force shutdown of auto and motorcycle production has had dramatic repercussions after the pandemic. Zero cars sold, full warehouses and stagnant assembly lines. Now the country is slowly trying to start again.
than the pandemic the automotive sector has landed almost completely, not only from the point of view of production, but especially of sale, without a doubt. It will be very difficult to recover – even if many of the world’s largest companies have already started to produce slowly. The second phase will be to update the lists, favor new lines of credit to become competitive in the market again.
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India restarts virtually from scratch
It will take some time, a lot of temperature. Buying a car will no longer be the same as before: business strategies will change, the customer focus for the car showroom will become increasingly virtual and guided by strategies that will depend on web and phone promotion. But in the meantime, the data turns out to be dramatic.
In India For example, a country that has had an increase in both car and motorcycle registrations at the highest levels for twenty years, the market is completely blocked. The Indian government’s decision to completely suspend car and motorcycle production since early March has been a very strong one. All car dealerships have closed. Impossible to buy a car, new or used. The case, quite unique, and that is a gigantic country like India in the data table on cars sold, in April, a zero division appears.
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India postponed Phase 2 until May 19
To comment on the data SIAM Society of Indian Automobile Manufacturers (SIAM): The automotive industry is losing more than $ 306 million per day. The most competitive automakers in the country like Mahindra, Maruti Suzuki, Hyundai, MG Motor and Toyota Kirloskar, They are trying to organize for when it will be possible to go back to work, but surely putting production back online will be very difficult.
On the other hand, the long wave of the pandemic had already done significant damage in March when the internal sales of Maruti Suzuki annually decreased by 48%, while sales of Mahindra they had fallen 90 percent. The blockade in India has not yet been fully removed: the so-called Phase 2 was set for May 17 and will further depress an already difficult situation for carmakers.
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