Did you now why Suzuki just lost nearly $1 billion?
R Sinduja
News Editor
Image Credit: shortpedia
Suzuki's share price is taking the beating for Indians shying away from car showrooms, despite being thousands of miles away. Suzuki's shares fell over 4.3 % in Japan due to the falling demand for cars in India. Maruti Suzuki has cut production for the 5th time due to lack of demand. Maruti's shares fell 4.8%. The current fall in sales is largely attributed to a broader economic slowdown, lack of jobs.
