MUMBAI/NEW DELHI -- Indian automakers have cut about 345,000 jobs in recent months as showrooms have closed and passenger car production has been slashed amid the industry's worst slump in nearly two decades.
Credit crunch triggers nine straight months of decline

Workers assemble a Tata Tiago car inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India. © Reuters
MUMBAI/NEW DELHI -- Indian automakers have cut about 345,000 jobs in recent months as showrooms have closed and passenger car production has been slashed amid the industry's worst slump in nearly two decades.