Automakers halt production in India due to coronavirus [Reuters]
SUZUKI MOTOR CO UNSP/ADR (SZKMY)
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Source: Reuters
Automakers halt production in India due to coronavirus MUMBAI (Reuters) - India’s biggest automaker Maruti Suzuki India ( MRTI.NS ) and peers including Mahindra & Mahindra ( MAHM.NS ), Mercedes-Benz and Fiat Chrysler Automobiles (FCA) ( FCHA.MI ) said on Sunday they will halt car production in the country due to the coronavirus outbreak. The move comes after automakers shut plants last week in Europe, the United States, Canada and Mexico as the global death toll from coronavirus exceeded 13,000. Sport-utility vehicle maker Mahindra & Mahindra said it aims to start making ventilators for coronavirus patients at its manufacturing plants, mirroring similar efforts by other automakers including Ferrari and Fiat. At least 341 people have so far contracted the disease in India and five deaths have been reported in country, prompting the government to suspend most train and metro services nationwide and order the closure of shops in several states until March 31. Maruti, which builds o
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