The company further said once the situation was brought to its attention, it made the distributor acutely aware of the "inappropriateness of the action".
Hyundai Motor and Toyota Kirloskar Motor have announced the suspension of manufacturing operations at their respective plants amid coronavirus outbreak. On Sunday, various automakers like Maruti Suzuki India, Honda Cars, Mahindra & Mahindra and Fiat announced a temporary halt in manufacturing operations at their respective facilities.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
The industry players couldn't hide their disappointment.
