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India: Auto parts manufacturers facing closure: JLR, Maruti, Indian auto companies, i20, Auto part makers

Nearly 4000 auto ancillary units are facing shut down due to the downturn. To add to their woes is the increased imports of auto parts from China. Industry analysts suggest that it is important for auto companies to ‘manage the evolving scenario’ by focusing on medium term planning. Maruti continues to be the popular car brand on Indian roads and Bihar automobile sales defy slowdown trends.

- Chillibreeze Business Research Team

Trends
JLR boss warns of thousands of job losses
Bihar auto sale up 45% in 2008
Maruti retains top rating in India automobile market
Two imperatives for Indian auto companies
Auto parts: 200,000 may lose job; 4,000 units face closure

Cars
i20 launch by end-December
Luxury car buyers get the best rates

Others
Auto part makers may consolidate plant operations
Tyre supplies to vehicle makers down by 70%
Bosch to expand India biz, open 100 showrooms in 2 yrs
Cheap Chinese imports threaten to derail India's auto parts industry

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