At least six automobile companies are likely to skip the biennial Auto Expo 2018, South Asia’s largest show, as they seek to cut costs amid weak sales.
Ford India Pvt. Ltd, Volkswagen India Pvt. Ltd, Skoda India Pvt. Ltd, Audi India Pvt. Ltd, Nissan India Pvt. Ltd, Ducati India, and General Motors India Pvt. Ltd (which is exiting India) have decided against participating in the show, at least one executive in each of the companies said, requesting anonymity.
Eicher Motors Ltd-controlled Royal Enfield, Bajaj Auto Ltd and Harley-Davidson India Ltd skipped the show in 2016 citing high participation cost and inadequate returns and have also decided against participating in next year’s event.
A Skoda India spokesperson said the company will not participate in the show. Emails sent to the other companies did not elicit any response till press time.
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