Commercial vehicles among the worst placed in auto slowdown1 min read . Updated: 17 Jul 2019, 12:51 AM IST
- Commercial vehicles among the worst placed in auto slowdown
- This is worrisome given that there was a drop in inventory in two-wheelers and passenger vehicles
Ashok Leyland Ltd announced this week a nine-day shutdown at its Pantnagar plant due to “weak demand and outlook for the industry." Coming after a six-day shutdown in June, it reflects the ill fortune of the medium and heavy commercial vehicle (trucks) industry.
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