Addressing reporters in Chennai on Tuesday, Sitharaman said the mindsets of millennials were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying their own vehicle. Here’s is what Sitharaman said: "The automobile and components industry has been affected by BS6 and the mindsets of millennials who now prefer to have Ola and Uber rather than committing to buying an automobile."
Nirmala Sitharaman blames millennial mindset for car sector slowdown, but whos at fault for drop in truck sales?
Union Finance Minister Nirmala Sitharam addressing the media on Tuesday. ANI
There may be some truth in it. But arguably, this is a gross understatement of the auto sector crisis considering the extent of the ongoing auto sector sales slump and corresponding massive job losses reported in the sector. The reasons for record low sales by automakers are far beyond the change in millennial mindset if at all this factor has significantly contributed to the slump.
#boycottmillenials #SayItLikeNirmalaTai
![Prof K Nageshwar: FM theory on Car sales [HD] (Video)](https://secure.gravatar.com/avatar/ba9d209f7408d31c02bd9313ef807db249a6fcf24f993220eed41724683faf09?s=100&d=mm&r=g "Prof K Nageshwar: FM theory on Car sales [HD] (Video)"){kind=avatar}
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![Prof K Nageshwar: FM theory on Car sales [HD] (Video)](https://i0.wp.com/www.socialnews.xyz/wp-content/uploads/2019/09/14/maxresdefault-28.jpg?w=180&quality=80&zoom=1&ssl=1 "Prof K Nageshwar: FM theory on Car sales [HD] (Video)")
Addressing reporters in Chennai on Tuesday, Sitharaman said the mindsets of millennials were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying their own vehicle. Here’s is what Sitharaman said: "The automobile and components industry has been affected by BS6 and the mindsets of millennials who now prefer to have Ola and Uber rather than committing to buying an automobile." Nirmala Sitharaman blames millennial mindset for car sector slowdown, but whos at fault for drop in truck sales? Union Finance Minister Nirmala Sitharam addressing the media on Tuesday. ANI There may be some truth in it. But arguably, this is a gross understatement of the auto sector crisis considering the extent of the ongoing auto sector sales slump and corresponding massive job losses reported in the sector. The reasons for record low sales by automakers are far beyond the change in millennial mindset if at all this factor has significantly contributed to the slump. #boycottmillenials #SayItLikeNirmalaTai