Page 9 - Auto Demand

Used car or new set of wheels? How to figure out which you should buy

With liquidity as top priority, most will end up buying a used car, and that's not a bad thing if it's self-funded

Hero MotoCorp: Despite ops returning to normal, raising volumes a challenge

Company's prospects dented by lack of firm demand trend

Hero MotoCorp cuts capital expenditure for FY21 by 40% to conserve cash

Firm says retail uptick has been very encouraging; Hero hopes to clock 80% volume of what it was doing before the pandemic struck, in June

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.

I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

TVS Motor reports decline of 47% in profit befiore tax for Q4FY20

The overall two-wheeler and three-wheeler sales including exports registered 633,000 units in the quarter as against 907,000 units registered in the quarter ended March 2019

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

Small cars' demand may overtake SUVs as Covid-19 changes rules of mobility

But SUV makers remain unfazed by down-trading trend

Automotive sector needs to finalise digitisation roadmap post Covid-19: EY

The sector, which had a production loss of about 750,000 units, currently has unsold inventory worth Rs 20,000 crore

Used car trade could rev up auto revival as consumer turns budget-conscious

Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh

Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%

The Rajiv Bajaj-led company remains optimistic of the road ahead even as the lock down due to the Covid-19 pandemic has crippled the economy

Ferrous metals headed for subdued start in FY21 due to dip in auto demand

Analysts believe that strict quarantine measures to enforce lockdown will lead to demand erosion even though the supply side is facing relatively lower disruptions

Rocky road ahead for auto exporters as demand woes may delay recovery

Tata Motors surged over 19 per cent, while Bharat Forge and Motherson Sumi gained over 9 per cent each

After a washout month, automobile industry seeks resumption of business

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

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.

Covid-19 fear: Carmakers change track to online sales, contactless delivery

Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals

Ashok Leyland to resume operations at Alwar, Bhandara, Pantnagar plants

Company will restart production in line with demand after preparing supply chain.

Coronavirus lockdown: SAIL rings alarm bells over financial position

Impacted by customers in various sectors shutting operations

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent