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Stock impact report

Maruti Suzuki records zero sales in April due to lockdown [Reuters]

SUZUKI MOTOR CO UNSP/ADR (SZKMY) 
NASDAQ:AMEX Investor Relations: globalsuzuki.com/ir
Company Research Source: Reuters
Maruti Suzuki records zero sales in April due to lockdown BENGALURU (Reuters) - Maruti Suzuki India on Friday reported zero monthly domestic sales for the first time ever in April, as the country remained under lockdown to contain the spread of the coronavirus. The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus. As of Friday morning, total cases in the country rose to over 35,000, including 1,147 deaths. The nationwide lockdown has added more pressure on India’s auto industry that was struggling with a slowing economy and lean demand. Show less Read more
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