Indian automakers say the coronavirus outbreak in China affects parts supply
NEW DELHI: Indian Mahindra and Mahindra Ltd and Tata Motors said Sunday that their supply of parts from China had been affected due to the consequences of the outbreak.
Starting in March, we anticipate that the challenge in supplying parts will continue for a few weeks, before returning to normal, said Veejay Ram Nakra, head of sales and marketing for the M&M automotive division in a press release.
Tata Motors said in a press release that it had also been affected by supply disruptions due to the outbreak of coronavirus in China, and that it was working to mitigate the situation.
Together with Maruti Suzuki, the largest automaker in India, both companies reported a decrease in sales in February on Sunday, compared to a year ago.
M&M said its domestic sales had fallen 42%, while Tata Motors reported a 34% drop. Maruti Suzuki said her total domestic sales fell 1.6% in February compared to the previous year.