Why Indus Motors decided to close down for a while and how it is the only one to be blamed
Although government had announced late last year that the automakers should prepare and switch over to Euro-II emissions standards by July 2012 however, Indus Motors was short-sighted in making the necessary change to bring Corolla to match the Euro-II standards and thusly, had to increase the prices overnight when the deadline of July to switch over to Euro-II standards had passed and companies hastily switched over to the new Euro standards which sent the customers, who had booked their cars on pre-increase prices, into a shock from which 1800 customers decided not to return and asked for a complete refund. …
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