Press24 News Live
Press24 News is Tv Channel brings live india news,top headlines,hindi breaking news (English News)Latest News from India & World for you

Hero MotoCorp says Feb production may fall 10% as coronavirus outbreak affecting supply

3


The country’s largest two-wheeler maker Hero MotoCorp on Friday said Coronavirus (Covid-19) outbreak in China has affected the supply of some components which could hit the production by around 10% in February.

The company, however, said wholesale dispatches of vehicles to its dealers during the month remain unaffected.

“The ongoing issue of Coronavirus (Covid-19) in China has affected the supply of some components to our manufacturing facilities in India,” Hero MotoCorp said in a statement. It further said, “This is likely to impact our planned production by around 10% for the month of February.”

The company said any further impact on its production will depend on the developing situation in China.

“We continue to track the developments and keep evaluating our options,” it added.

How You Feel about this News,Post your comments and share the news..
(News are directly taken from Syndicate feeds,Press24 team not edited its content instead for title for more information visit source link)

Source link

قالب وردپرس

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Select currency
INR Indian rupee