Global slow down or recession in Automobile

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Global slow down or recession in Automobile *******************************************************************************
RBI has reduced the growth rate of GDP to 7.2 % so that many people thinking about economy of the India *******************************************************************************
After the RBI said this news that they are reducing the growth rate of GDP to 7.2 % estimates it is supported by the maruti suzuki's statement given in the media that they are reducing production by 21% *******************************************************************************
Because of of reduction in demand maruti Suzuki has reduced production by 21% *******************************************************************************
Maruti has produced 1.35 lakh cars in month of March and in last year 2018 March maruti produce or manufactured 1.7 lacs carcars *******************************************************************************
for this year maruti Suzuki purposefully reduce their production by 20.6% in the month of March 2019 *******************************************************************************
In the month of February maruti has reduced its production by 8% of the manufacture vehicle *******************************************************************************
Because of these two news first from the RBI and second from there maruti Suzuki it is clear that there will be a global recession to come soon *******************************************************************************
RBI also cut repo rate and said it is related to the manufacturer of the cars reducing their production seems to be e there is reception to come *******************************************************************************
it is noted that there is for the loss of space in global activity buy this February *******************************************************************************
More ever slowdown or recession is seem to be we clear in advance economics all developed countries and in some major market economics *******************************************************************************
It is also reflected in the the central banks of these countries other they have East the money flow or they have stop or pause the money flow *******************************************************************************
Inflation remain low in major economies of the world *******************************************************************************
If we see the maruti statements small cars are used by 7.5% it and manufacture unit 81163 *******************************************************************************
Utility vehicles are used to 26.4 percent in the month of March 17719 units *******************************************************************************
Habib band production has increased by 6% 2157 10 units As per the RBI Governor statements it seems to be there will be a global recession *******************************************************************************
It is also a good suggestion that maruti Suzuki asking dealers 2 to keep a stock of the car *******************************************************************************
showroom owners and distributors are saying it is welcome move and the pressure on the showroom owner of the distributor will be eased or less *******************************************************************************
showroom owner also said that in next few months there won't be any significant increase in the demand of the cars and it is evident *******************************************************************************
experts also says that there are chances that there will be a global slowdown of economy so that RBI has taken precautionary measures and that I will come and that are necessary *******************************************************************************
RBI has taken steps to avoid any inflation in in India *******************************************************************************
There will be impact of El nino on monsoon and after that on agriculture so commodity prices will be increased in next few months *******************************************************************************
Few people are saying that it because of Alneno RBI precautionary measure me not be so effective and there might be a problem *******************************************************************************
This year is election year and there will be a global recession so people should not suffer that's why RBI has taken precautionary measure *******************************************************************************