Coronavirus Lockdown: Hero MotoCorp Invokes Force Majeure; Suspends Payments To Suppliers

Coronavirus Lockdown: Hero MotoCorp Invokes Force Majeure; Suspends Payments To Suppliers

Hero MotoCorp invoked the ‘Force Majeure’ Clause last week and has decided to stop payment to its vendors/suppliers. | Published: 2 minutes ago View Photos There is no clarity whether the Force Majeure will extend beyond April 14, 2020 With unprecedented Coronavirus crisis hitting the auto sector hard, it is becoming difficult for manufacturers to […]