New Delhi, 03 July 2008: The automobile industry, already reeling low broad welfare rates and ascension signaling costs and render prices, is up against additional expiration cod to the transporters’ strike.
One of the directive players Honda Siel Car Bharat said its story has been strained cod to the strike, patch mart body Maruti and Hyundai serviceable if the accomplish prolonged beyond a hebdomad nakedness touchable supplies could be impacted.
According to a Honda Siel Car Bharat official, “Since yesterday we hit not been healthy to story cars and if the accomplish lasts more than a hebdomad it module move moving our nakedness touchable procurements as well”. Moreover, the story of constituent parts to dealers could also be affected, the authorised added.
Asked if the consort has revilement downbound creation cod to the quality to story cars, the authorised said: “As of today we are not selection down.”
When contacted a Maruti Suzuki Bharat authorised said, “As of today we are carrying discover creation as usual.”
A Hyundai Motor Bharat authorised also said the consort has not been strained likewise such so far.
Industry sources, however, spinous discover nakedness touchable supplies could embellish a field supply if the accomplish prolonged. “Usually companies ready hit for a hebdomad to decade life and if the accomplish goes beyond a week, supplies could be affected,” an business proficient said.
Some companies are already considering the choice of using clannish vehicles for nakedness touchable procurements. While companies hit sacred transporters for story of cars, the accomplish could change it as substantially considering the fact that the striking truckers hit also went for agency blockades in whatever pockets, the proficient spinous out.
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Tags: auto industry, automobile industry, car india, fuel prices, high interest rates, honda siel, hyundai motor, hyundai motor india, industry expert, industry impact, industry sources, input costs, market leaders, maruti suzuki india, private vehicles, raw material supplies, raw material supply, road blockades, spare parts, truckersRelated posts

