Page 250 - Auto

MG Motor India, Tata Power join hands to deploy superfast chargers for EVs

Through this association, MG Motor aims to lay a specific focus on the key target cities they will be foraying into as part of their future EV expansion plans

Tata Motors resumes operations across all its manufacturing plants

The company has restarted operations at all plants with Jamshedpur facility also getting approval on May 27, Tata Motors said in a regulatory filing.

TVS Motor domestic two-wheeler sales down 82% to 41,067 units in May

The company registered total sales of 58,906 units, which is 81 per cent lower than 3,07,106 units sold in the same period last year

Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out

Undeterred by the coronavirus pandemic, Skoda launches three new models

Skoda has launched the models at a time when the pandemic and lockdown have sapped sentiments and India is staring at a recession

Suzuki Motor beats estimate with $2-billion profit, steps up dividend

Suzuki, the country's No. 4 automaker, declined to give an earnings forecast for the current business year, citing uncertainties about the longer term impact of the coronavirus on its operations.

New emissions blow for Volkswagen as German court backs damages claims

US authorities banned the affected cars after the cheat software was discovered, triggering claims for compensation.

Suzuki Motor resumes production at Gujarat plant after two months

SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of coronavirus

Employee at Maruti Suzuki's Manesar plant tests positive for Covid-19

The company is also looking at "a possibility of a second case" of infection at the facility but has ruled out any impact on the business part due to the situation.

Lockdown: Maruti Suzuki delivers 5,000 cars; 1350 showrooms operational

With the SOPs in place, over 1,350 Maruti Suzuki showrooms, and over 300 True Value outlets are operational now

PM's reforms-cum-stimulus will help CV industry: Ashok Leyland's Sondhi

The company commenced operations across its facilities

Tata Motors is worth nothing without Jaguar Land Rover, says CLSA

The $3.7 billion Indian auto firm faces a significant increase in debt due to the crisis, and its plan to deleverage may be delayed by four to six quarters, CLSA said.

Mercedes will go ahead with 10 launches plan: Martin Schwenk, India head

He said, Merc had 150 pre-owned cars booking in the Feb-March period

BMW cuts margin outlook for cars division citing coronavirus crisis

The Munich-based group further said it now expects deliveries of motorcycles to be down significantly from 2019 levels.

Maruti introduces new hygiene norms for dealerships amid Covid-19 pandemic

From the time a customer walks into the showroom till the final delivery of the vehicle, all processes have been scientifically studied, says the company

Ashok Leyland reports zero sales in April as lockdown adds to woes

M&HCV truck sales in April 2019 was 7,517, bus sales was 1,401, while LCV sales stood at 4,224 units

Volkswagen ramps up used-car business, buys old vehicles from market

The company sold some 20,000 used cars last year and plans are to surpass this number going forward

After a washout month, automobile industry seeks resumption of business

All manufacturers reported zero sales in April as factories and dealerships were shut

Covid-19 impact: Zero sales for Maruti Suzuki in April as lockdown bites

The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus

A month after lockdown, auto dealers making first moves to get back to biz

Dealers located in green zones as specified by the government are applying for permission under the Shops and Establishments Act to reopen their showrooms.