With states unlocking, auto manufacturers crank up production in June

Expect to reach up to 90% of pre-Covid 2.0 levels

By the end of June, most auto firms expect to manufacture 85-90 per cent of what they produced in the months preceding the second wave.

After the unlock 1.0 that happened in May 2020, carmakers started ramping up production month-on-month from June 2020 and continued doing so till April 2021, the month the second wave hit. 

The resurgence in confidence is based on the expectation of a gradual recovery that has come on back of a fall in the number of covid-19 cases along with latent demand.

The confidence is based on the expectation of a gradual recovery and latent demand.

“We will reach