sales shrank in the fiscal year
2012-13 hit by high fuel prices and
a demand slowdown. Experts
Mahantesh Sabarad, senior vice
president of equity research at
Fortune Equity Brokers; Abdul
Majeed, partner at PwC India;
Sudhir Rao, MD of SKODA Auto
India, and YS Guleria, vice
president of sales and marketing at
Honda Motorcycle and Scooter
India, discuss if this is just a
cyclical downturn for the auto
industry at a time when the
economy is going through a rough
patch, or is there something
serious at play here, and if there
has been demand destruction,
which may not be that easy to
reverse.
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