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Worst not yet over in auto sector: Mahindra MD on sale slump
short by Dharna / on Monday, 15 July, 2019
The worst isn't yet over for the auto industry amid a slowdown in sales, Mahindra and Mahindra's MD Pawan Goenka said. "I suggest...government remove the cess on small cars and keep 17% single cess rate for large cars for next four-six months," he added. Diesel vehicle costs are expected to rise after BS-VI emission norms come into effect in 2020.