2020 Auto News

Huge job losses imminent if demand remains weak: ACMA

With muted demand and excess capacities already in place, the auto component makers would have to cut down on their workforce in order to keep their businesses afloat, the industry body added.

New Delhi: Auto component sector may see huge job losses if the automotive sector continues to face headwinds due to lack of demand amid coronavirus pandemic, industry body ACMA has said.

With muted demand and excess capacities already in place, the auto component makers would have to cut down on their workforce in order to keep their businesses afloat, the industry body added.

Read full news on auto.economictimes.indiatimes.com

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