Maruti Suzuki, Hyundai and Toyota see no immediate impacts on the production by the coronavirus outbreak in China as of now. The situation is being monitored closely to see any problems in the future.
Auto giants in India, including Maruti Suzuki, Hyundai, Toyota, report no impact on their respective production schedules owing to the suspensions in supply of auto components from plants in coronavirus-affected areas in China. However, the companies will continue to monitor the situation to prepare for any serious problems that might emerge in the future.
The virus outbreak in China caused the auto components shortage as some virus-hit factories are forced to be shut down.
“We do not foresee any problem as of now. We will keep in touch with our suppliers and will inform if there is any issue”, said Maruti Suzuki’s spokesman.
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Hyundai Motor India and Toyota Kirloskar Motor have also commented something similar. Toyota has focused on providing the opportunity for the local suppliers by increasing the localization of parts and components. The Japanese-owned company commits to contribute to the Indian government’s “Make In India” strategy and then has built a global supplier base as well as a supply chain in our country in a period of 20 years.
Maruti Suzuki, Hyundai, Toyota reports no impacts on their production during the coronavirus outbreak.
Along with these companies, Kia Motors also confirmed that its production remains unaffected by the virus outbreak until now. MG Motor, however, reported a disruption in the supply chain during the outbreak of the deadly Sars-Cov-2 virus. The disruption has taken a toll on its production and sales of the company in February.
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Tata Motors, on the other hands, declined to say anything on the issues. The home-grown company imports some certain parts and components for its Nexon EV and other traditional vehicles from China.
The Chinese-owned carmaker, MG Motor reported a disruption in the supply chain during the speedy outbreak of the deadly virus.
Earlier last month, two big two-wheeler manufacturer Hero MotorCorp and TVS Motor had revealed that the coronavirus outbreak in China would hit their manufacturing by around 10 per cent in February.
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The Indian automobile industry which has been experiencing the massive slowdown since last year is likely to be adversely impacted if the virus outbreak in China, South-East Asia prevails longer.
Currently, the cases of coronavirus have also been reported in various other countries like South Korea, Japan, Singapore, Italy, Germany and Iran. The virus cases remain at three in India.