Brief: PPAP Automotive Says Automotive Industry Seeing Demand Drop Due To Liquidity Crisis, Change Of Emission Norms
Aug 12 (Reuters) - PPAP Automotive Ltd PPAP.NS :
* PPAP AUTOMOTIVE LTD - AUTOMOTIVE INDUSTRY WITNESSING
UNPRECEDENTED DEMAND DROP DUE TO LIQUIDITY CRISIS AND CHANGE OF
EMISSION NORMS
* PPAP AUTOMOTIVE LTD - DROP IN PRODUCTION OF VEHICLES HAS
LED TO
REDUCED SALES OF COMPANY
* PPAP AUTOMOTIVE LTD - COMPANY IS ACCELERATING TO MAKE EACH
AREA
OF OPERATION LEANER IN ORDER TO ABSORB SUDDEN MARKET DISRUPTIONS
Source text for Eikon: ID:nBSE38npr7
Further company coverage: PPAP.NS
((Reuters.Briefs@thomsonreuters.com;))
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