Slowdown in auto sector: How it affects suppliers, economy

  • 52:19
  • Published On: March 15, 2013
Cinema View
Embed
India's car sales have crashed by 26 per cent in February the biggest fall in more than 12 years as high interest rates, soaring fuel bills and a general sentiment of gloom and doom seem to be making consumers stay far far away from showrooms. On We Mean Business, experts, Abdul Majeed; partner at Price Waterhouse; Vikram Kirloskar, vice chairman of Toyota Kirloskar Motor and vice president of SIAM; Nishant Vass, research analyst (auto and auto ancillary) at ICICIDirect.com; HS Goindi, president of marketing at TVS Motor ltd, and Lowell Paddock, president and MD of General Motors India, take stock of what's gone wrong with India's automobile market and how much worse things could get from here. They also discuss what the implications of this slowdown are on suppliers, the labour market and the economy as a whole.

Related Videos

Heatwave Affecting Car Sales, Say Dealers In Delhi
May 30, 2024 2:05
Car Sales To Hit 1 Million This Festive Season?
September 13, 2023 1:13
India Now World's 3rd Largest Auto Market After China And US: Report
January 08, 2023 0:47
Drones, Auto, Telecom: Will Massive Reforms Save Companies, Promote New Tech?
September 15, 2021 26:57
Big Telecom Reform: 100% FDI Through Automatic Route Cleared By Cabinet
September 15, 2021 27:04
Cabinet Clears Rs. 26,000 Crore Scheme For Auto Sector To Boost Production
September 15, 2021 1:43
Vehicle Scrapping Policy To Give "New Identity To India's Mobility": PM Modi
August 14, 2021 1:34
Kia India 3 Lakh Sales | 2022 Honda Amaze Production | Valentino Rossi
August 06, 2021 3:16
In Covid-Hit Economy, Is It The Right Time To Buy A Car?
December 24, 2020 3:08
Is It The Right Time To Buy A Car?
December 24, 2020 21:19
Car Dealers Upbeat About Festive Season
October 25, 2020 2:45
Latest Trends In Auto Sector
October 20, 2020 0:58
  • BJP Rolls Out Big Guns In Maharashtra: Rahul Gandhi Vs PM Modi On Caste Politics
    November 08, 2024 18:38

    BJP Rolls Out Big Guns In Maharashtra: Rahul Gandhi Vs PM Modi On Caste Politics

  • Why Pinarayi Vijayan Is Raising The Jamaat Issue Against Priyanka Gandhi?
    November 08, 2024 10:57

    Why Pinarayi Vijayan Is Raising The Jamaat Issue Against Priyanka Gandhi?

  • Why HD Kumaraswamy And DK Shivakumar Must Win the Battle For Channapatna?
    November 08, 2024 7:25

    Why HD Kumaraswamy And DK Shivakumar Must Win the Battle For Channapatna?

  • Formula E Heat On KTR?
    November 08, 2024 3:59

    Formula E Heat On KTR?

  • Canada's 'Free Speech' Hypocrisy Exposed Over S Jaishankar Blackout
    November 08, 2024 1:12

    Canada's 'Free Speech' Hypocrisy Exposed Over S Jaishankar Blackout

  • All Bangladesh Human Right Commission Members Quit
    November 08, 2024 0:39

    All Bangladesh Human Right Commission Members Quit

  • S Jaishankar Interview Blacked Out Across Canada, Trudeau's Double Standards Exposed
    November 08, 2024 23:37

    S Jaishankar Interview Blacked Out Across Canada, Trudeau's Double Standards Exposed

  • How Trump 2.0 Will Shape India-US Relations - What Changes To Expect
    November 08, 2024 3:48

    How Trump 2.0 Will Shape India-US Relations - What Changes To Expect

  • Canada Press Freedom | Trump: India-US Ties | Bangladesh Mob Attack | German Crisis
    November 08, 2024 1:52

    Canada Press Freedom | Trump: India-US Ties | Bangladesh Mob Attack | German Crisis

  • No Male Tailors For Women In UP: Will This Make Women Safe?
    November 08, 2024 20:53

    No Male Tailors For Women In UP: Will This Make Women Safe?

  • "Punjab's Interest PM's Priority: BJP's Manpreet Badal Ahead Of Key Poll
    November 08, 2024 0:41

    "Punjab's Interest PM's Priority: BJP's Manpreet Badal Ahead Of Key Poll

  • PM Modi Meets Jain Monk Ratnasundersuri Maharaj In Maharashtra
    November 08, 2024 0:22

    PM Modi Meets Jain Monk Ratnasundersuri Maharaj In Maharashtra

  • PM Modi's Big Attack Against Congress In Maharashtra, Rahul Gandhi Hits Back
    November 08, 2024 6:32

    PM Modi's Big Attack Against Congress In Maharashtra, Rahul Gandhi Hits Back

  • 3 Terrorists Arrested For Srinagar Grenade Attack
    November 08, 2024 3:01

    3 Terrorists Arrested For Srinagar Grenade Attack

  • Watch: Vijay Deverakonda Falls On Stairs During <i>Sahiba</i> Promotions
    November 08, 2024 0:11

    Watch: Vijay Deverakonda Falls On Stairs During Sahiba Promotions

  • Justice DY Chandrachud's Final Message As Chief Justice Of India
    November 08, 2024 15:55

    Justice DY Chandrachud's Final Message As Chief Justice Of India

  • Men Shouldn't Tailor Women's Clothes Or Cut Their Hair: UP Women's Body
    November 08, 2024 2:46

    Men Shouldn't Tailor Women's Clothes Or Cut Their Hair: UP Women's Body

  • Delhi's Air Emergency: Delhi Government Uses Drones To Sprinkle Water
    November 08, 2024 4:59

    Delhi's Air Emergency: Delhi Government Uses Drones To Sprinkle Water

  • "Country Upset With Waqf Provisions Brought By Congress": Amit Shah
    November 08, 2024 2:30

    "Country Upset With Waqf Provisions Brought By Congress": Amit Shah

  • Case Against Tejasvi Surya For Misleading Claim Over Farmer's Suicide
    November 08, 2024 0:47

    Case Against Tejasvi Surya For Misleading Claim Over Farmer's Suicide

  • "Congress Is Dividing The Society": PM Modi
    November 08, 2024 7:08

    "Congress Is Dividing The Society": PM Modi