Page 79 - Automobile Industry

Life after lockdown: Ramping up isn't easy with curbs, labour shortages

The first of a three-part series looks at how manufacturing units are gearing up to the new normal

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

The company commenced operations across its facilities

Haryana allows select firms to deploy 100% workforce in multiple shifts

Auto component major Sona Comstar, which earlier could deploy only half of its workers, has been allowed to bring in its entire workforce at its four plants - three in Gurugram and one in Manesar.

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.

Tesla to reopen California factory despite county order

The electric car company told employees to report to work Friday, but a county official said Tesla did not meet the requirements for resuming production.

Govt working on financial package for all sectors amid Covid outbreak

Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".

There is utter confusion among Maharashtra authorities: Rajiv Bajaj

Bajaj Auto's plants in Chakan and Aurangabad haven't been able to achieve "meaningful production" despite getting the requisite approvals and complying with the government guidelines, Bajaj said.

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

Scrappage scheme would give demand a boost: Ashok Leyland MD & CEO

A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost demand, said Vipin Sondhi

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.

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

Availability of components critical to restart manufacturing: Automakers

It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country

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

Supply chain glitches and unavailability of labour also a deterrent

Hyundai Motor hands Covid-19 advanced diagnostic testing kits to ICMR

The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea

Coronavirus outbreak: Why cities may not remain the same after lockdown

Tens of thousands of workers who returned to villages are now similarly weighing whether to return at the end of the lockdown, which Modi this week extended to May 3.

Covid-19 impact: BMW India sales fall 17% to 2,482 units in January-March

BMW Motorrad motorcycle sales, however, rose 71.52 per cent to 1,024 units during the first quarter of the year as compared with 597 units in January-March period last year.

Covid-19 lockdown: 12-hr workday in Rajasthan factories, Punjab may follow

State invokes powers under Factories Act to extend maximum hours to 12 from eight earlier; Other states may follow as move is aimed to ensure production isn't impacted due to reduced workforce

Covid-19 pandemic a big blow for auto-component SMEs: CRISIL SME Tracker

The nationwide lockdown imposed till April 14 has brought production to a standstill, and will hurt even more if it is extended.