Page 77 - Automobile Industry
Global spread helps Motherson Sumi tackle Covid-19 pandemic pain
The third part of the series looks at how the firm used its first-mover advantage to get production back on track
 "Global spread helps Motherson Sumi tackle Covid-19 pandemic pain")
Covid-19 impact: Over 54% potential buyers prefer used car, says study
Even as the preference for a personal vehicle is growing owing to safety concerns, buyers are not willing to fork out much
 "Covid-19 impact: Over 54% potential buyers prefer used car, says study")
Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1
Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.
 "Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1")
Changes and challenges for automakers as India eases coronavirus lockdown
March and April were the cruellest for automakers because of a nationwide lockdown. As economic begins to pick up, Surajeet Das Gupta explains how automakers can get business in these uncertain times
 "Changes and challenges for automakers as India eases coronavirus lockdown")
Buyers in Europe rejoice as policymakers offer electric-car subsidies
Chancellor Angela Merkel and President Emmanuel Macron have sought to soften the coronavirus pandemic's blow to the badly hit car sector.
 "Buyers in Europe rejoice as policymakers offer electric-car subsidies")
Honda Cars India plays a competitive pricing game with the new City
Honda aims to fill the wide gap in entry-level sedans that include Ciaz and Hyundai Verna as well as upper-level versions such as the likes of Honda Civic, Skoda Octavia and Toyota Corolla Altis.
 "Honda Cars India plays a competitive pricing game with the new City")
Toyota staff Covid-positive, cases at Bidadi manufacturing unit up to 14
The company confirms the emergence of a new case of Covid-19 with the employee concerned having last attended the work on July, 3, TKM said in a statement on its website.
 "Toyota staff Covid-positive, cases at Bidadi manufacturing unit up to 14")
Personal car, 2-wheeler preferred mode of transportation post Covid: Survey
The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car
 "Personal car, 2-wheeler preferred mode of transportation post Covid: Survey")
Sale of BS-IV vehicles during lockdown genuine or not? SC to find out
"We have to see whether these transactions during lockdown are genuine transactions or they have been back dated," the bench said.
 "Sale of BS-IV vehicles during lockdown genuine or not? SC to find out")
Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler
GM filed racketeering lawsuit against FCA last November, alleging its rival bribed United Auto Workers union officials over many years.
 "Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler")
Covid-19 impact: 50% pay cut at Bajaj Auto's Waluj plant in Aurangabad
The unit, which employs close to 8,000 including contract and permanent employees, accounts for half the company's total production in India.
 "Covid-19 impact: 50% pay cut at Bajaj Auto's Waluj plant in Aurangabad")
Connected cars to gain traction in Indian market, says Deloitte's survey
The survey revealed that two out of three Indians are willing to pay up to Rs 50,000 for connected technologies.
 "Connected cars to gain traction in Indian market, says Deloitte's survey")
Bajaj Auto unions demand factory halt after 250 workers test Covid positive
The affected Bajaj Auto factory is located in western Maharashtra, the state with the highest number of cases of Covid-19, the disease the virus causes
 "Bajaj Auto unions demand factory halt after 250 workers test Covid positive")
Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch
'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motorcycle production to contract by just 16 per cent year on year," it said
 "Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch")
Tractor sales rise in June; commercial vehicles segment continues to skid
Mahindra & Mahindra Farm Equipment Sector's domestic sales in June saw a surge of 12% to 35,844 units, as against 31,879 units in June 2019.
 "Tractor sales rise in June; commercial vehicles segment continues to skid")
Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India
Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis
 "Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India")
Auto companies say disruptions in Chinese imports will hurt their recovery
Over a quarter of India's auto part imports - worth $4.2 billion - came from China in 2019, according to the data from Auto Component Manufacturers' Association of India (ACMA).
 "Auto companies say disruptions in Chinese imports will hurt their recovery")
Auto exports slump 73% in May due to lockdown disruptions: EEPC India
In April-May period of the ongoing financial year, the exports dropped by 83 per cent to $281.1 million from $1,632.7 million in the year ago period, it said
Auto, pharma cos to continue with Chinese imports till alternatives emerge
In 2018-19, India imported auto components worth $17.6 billion, of which 27 per cent -- $4.75 billion -- were from China
 "Auto, pharma cos to continue with Chinese imports till alternatives emerge")
Govt to rescind vehicles' Bulk Data Sharing Policy to protect privacy
The government had come out with the 'Bulk Data Sharing Policy & Procedure' policy last year, saying it was to support the automobile industry
 "Govt to rescind vehicles' Bulk Data Sharing Policy to protect privacy")