TOKYO -- India's leading automaker Maruti Suzuki on Wednesday posted a 2.67 billion rupee ($35.7 million) net loss for the quarter ended in June, its first red ink since going public in 2003.
The dubious milestone owes entirely to the novel coronavirus, which forced India to impose a two-month lockdown this spring. Quarterly sales plunged 72% on the year to 54.29 billion rupees.
