Domestic auto sales may drop up to 25 pc this fiscal: MG Motor India

Hit by the coronavirus pandemic, auto sales in India could drop by up to 25 per cent in the ongoing fiscal from an already low base of the previous year, according to a top official of MG Motor India.

With the health crisis likely to peak in April-June period, the expectation is that sales in the quarter will decline by as much as 40-50 per cent.

"The worst case, as I see for the industry, is may be a 25 per cent decline this year...the best case probably is 11 per cent down," MG Motor India President and Managing Director Rajeev Chaba told PTI.

Commenting on how he sees the industry coming out of the crisis, Chaba said, "In April, May, June, my feeling is that in any scenario, industry will be down by at least 40 to 50 per cent."

Stressing on how crucial the April-June period is, he said, "You will see more uncertainty...this is the time where you will see the peak of cases (coronavirus infection). Hopefully by June, we start seeing light at the end of the tunnel and we can see how ..