AutoIndia.org news of Indian and World automobile and bike industry
Title
Autoindia
Description
Excerpted from the website:
- The slowdown in sales has not only caused Toyota to cut production but even Hyundai Motor India plans to cut production by up to a quarter from Monday due to falling demand. Hyundai India is considering raising prices by up to 2 percent to offset the higher cost of raw materials. “We have decided to go in for a two-shift production instead of three shifts now as demand has declined,” H.S. Lheem told reporters after opening a new showroom in the city.
Logos
