Covid lockdowns, dealership closures in China to hit sales this fiscal: Tata Motors


Source: timesnownews.com timesnownews.com

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The Covid lockdowns in some parts of China have resulted in supply chain disruptions as well as temporarily shutdown of Tata Motors ' dealerships in the country, impacting its cash flow in the first quarter of the ongoing fiscal and leaving adverse impact on sales outlook for rest of the year, the automaker said in its annual report for FY22. It said that the during the recent China lockdowns suppliers were unable to deliver products and it could be forced to stop production in some or all of its plants if it is unable to ensure the supply of critical...