Business

Lockdown Hits Hard On Car Market , Maruti, MG, Report Zero Unit Sales In April 2020

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The national lockdown since March 24 and now extended till May 17 ( Lockdown 3.0) has spelt a doom for country’s largest carmaker Maruti Suzuki India . As it did not sell a single unit in the domestic market in the month of April 2020.

The company had zero sales in the domestic market in April 2020, MSI said in a statement. This was because in compliance with the Government orders all production facilities were closed, it added

The company, however, exported 632 units from Mundra port following resumption of port operations. The company said the units were dispatched ensuring all safety guidelines.

It is not only Maruti which has faced the brunt of the lockdown ,MG Motor India too in a statement in report by CNN-IBN, said it retailed zero units in April as dealerships remained closed due to the nationwide lockdown to contain coronavirus pandemic.

The company, which reports only retail sales figures, has recorded zero retail sales for the month of April 2020, as its showrooms were closed due to nationwide lockdown, MG Motor India said in a statement.

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