Vehicle trafficking transporters are also hit by auto sector slowdown

Chennai, Ta. September 14, 2019, Saturday

The slowdown in the automobile industry has also hit a blow to the country's transport of transporters. Up to 3 trucks, which are currently in idle traffic, have to wait a long time for the cars to be loaded, "said a car carrier association official.

Vehicle carriers deliver cars from its production point to the dealer's site. No one can confidently say when the current recession will end, he said.

Many operators are reporting that their debt levels are increasing. Not only has the car's business been hit, it has also been reported to affect the functioning of truck operators involved in transporting vehicle components.

The impact on the workplace can also be quite dark for employees involved with truck operators. We will have a chance to sell the trucks if the recession is long, as keeping the trucks in a dormant state cannot be traded in terms of trade, ”said a truck operator.

Vehicle manufacturers are claiming that sales of cars have not increased significantly at the start of the festive season, which started with Ganesh Chaturthi and Onam celebrations. Vehicle sales have not gone up as expected in the current season, said an official of the Federation of Automobile Dealers Association.

To increase vehicle sales, manufacturers are offering discounts of between 3 and 5 percent, though sales are not increasing. Now that the period of Shraddha has begun, he expressed the possibility that September sales figures would also be weak.