The report by Crisil Research projected that half of passengers vehicle sales and a third of two-wheeler volume are at risk due to the coronavirus pandemic MUMBAI : Auto sales are likely to remain muted as consumers may not flock to dealerships and even avoid shopping malls and markets due to the fear of coronavirus infection for an extended period post lockdown, a report said on Tuesday.
The report by ratings agency Crisil Research projected that half of passengers vehicle sales and a third of two-wheeler volume are at risk due to the coronavirus-induced pandemic.
Even if the nation-wide lockdown is lifted on May 3, resumption of normal operations at automobile dealerships would depend on whether a dealership is outside a demarcated