Discover and read the best of Twitter Threads about #bsvi

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There is a #GlobalSlowdown in the #automobile industry, but let’s blame Modiji

GM has cut 4000 jobs in US & Canada

#Volkswagen cut 37000 jobs internationally

Btw, let’s blame Modiji for pager, floppy discs, VCRs, B/w TVs, Kodak films rolls,Polaroid cameras going out of use
World Car Sales Will Fall More Than 4 Million In 2019 - Forbes

Caused by -

U.S. sanctions policy

huge fall in China’s sales

harsher CO2 regulations

Shift to #ElectricVehicles

forbes.com/sites/neilwint…
#GlobalAutoInc announces over 37,000 jobs cut in first three months of 2019

Auto majors like #GM, #Ford & #Volkswagen took the lead in terms of jobs cut

Declining auto sales led by global trade war, #Brexit & #EVs

But we will blame @narendramodi

auto.economictimes.indiatimes.com/news/industry/…
Read 9 tweets
1/9 I have purchased a car very recently. So, I went through the usual motions of a large and involved purchase at the time of my decision. This might also give you an insight into the auto sector slowdown #AutoSector #SlowDown #Economyslowdown #economy
2/9 Clean fuel vehicles are coming: Hydrogen fuel cell, & #ElectricVehicles (#BEV & #PHEV) are coming sooner than we thought. Govt envisions an electric mobility future for us & is taking a lot of steps to push EVs under #FAME2 scheme. To reduce pollution & fuel import bill.
3/9 If I buy a regular petrol/diesel car, it may get obsolete sooner than I imagined. Eg: NCR banned 10yr old #diesel vehicles to improve air quality, push towards electric. All this affects resale value of the #cars. Hence, I considered pushing the life of my current car
Read 9 tweets

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