Worst not yet over in auto sector: Mahindra MD on sale slump

The worst isn't yet over for the auto industry amid a slowdown in sales, Mahindra and Mahindra's MD Pawan Goenka said. "I suggest...government remove the cess on small cars and keep 17% single cess rate for large cars for next four-six months," he added. Diesel vehicle costs are expected to rise after BS-VI emission norms come into effect in 2020.