Experts discuss latest happenings in the auto space

In the last couple of months, manufacturers of automobiles reduced production by staggering numbers. Leading automaker Maruti even cutting wholesale by a third last month to ease stock pile-up with dealers and with Navratri round the corner now, the expectation was that the festive season will push some retail too but that unfortunately hasn't been the case. Nikunj Sanghi, chairman of Automotive Skills Development Council (ASDC) and Sameer Kalra, founder of Target Investing spoke at length about the latest happenings in the auto space.