automobile slowdown

Bosch Will Fire 2000 Indians As Profits Drop By 66%, Share Prices 22% Down World biggest automobile parts supplier: Bosch, has finally thrown in the towel for their Indian operations. They have announced a massive layoff, wherein more…

Auto Component Firms Are Firing 10 Lakh Employees We have been getting a newer update on the worsening conditions of the Indian automobile industries. Right from the demand of vehicles of all kinds, reducing to significant levels, to…