Indias Auto Boom Goes Bust On The Worst Sales In Decades

Auto industry workers bathe and clean cloths at a water tank in the Oragadam district of Chennai, India, on Friday, Aug. 30, 2019. The mood in Chennai is one of gloom as an unprecedented slump grips the auto industry. Passenger car sales have contracted for 10 straight months; automakers are cutting investment and production; hundreds of dealerships have shut down. Nationwide, job losses in the sector, which employs more than 32 million people directly and indirectly, have climbed to more than 580,000 in the past 18 months, according to estimates from labor unions and auto dealers. Photographer: Dhiraj Singh/Bloomberg via Getty Images