Auto slowdown | Millennials want gadgets over cars, says Maruti’s RC Bhargava

Ride-hailing companies such as Ola and Uber have hit demand for new cars in India as young buyers don’t need to buy cars for commuting and can spend most of their income on electronic gadgets, said RC Bhargava, chairman of Maruti Suzuki India Ltd, the country’s largest carmaker. Bhargava’s latest statement supports the contention of finance minister […]