MUMBAI (NewsRise) -- Indian two-wheeler makers Hero Motocorp and TVS Motor plan steep production cuts this month as they grapple with a parts shortage due to the new coronavirus epidemic in China.
TVS Motor, a former partner of Japan's Suzuki Motor, said production would drop 10% in February due to the shortage of certain components for its reduced-emissions Euro VI fuel efficiency vehicles. While TVS Motor's direct dependency on China is limited, some second-tier suppliers have been adversely affected, it said in a statement on Monday.
