Page 50 - Automobile Manufacturer

Hero MotoCorp to benefit from higher rural share; downtrading to help

Market leader's share in the economy segment improved by 600 basis points in FY20

Tech Mahindra may allow 25% employees to work from home till March 2021

The company is in talks with clients to seek approval, and is building a control system to track staff productivity in real time

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

After a month of zero sales auto dealers gear up to get back into business

Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have already opened a few outlets, others are awaiting permission

Mercedes-Benz India to offer full-range of vehicles online starting Friday

Under the used car business, more than 150 cars were sold online in the months of January and February in 2020

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

Used-CV sales surge on rural demand uptick, health ministry guidelines

Small Commercial Vehicles and Light Commercial Vehicles are buoyant, Medium and Heavt segment yet to see traction

Europe car sales dip 55% in March on virus lockdown, worse than 2008 crisis

The European carmaker's association, ACEA, said Friday that new car registrations ''recorded a dramatic drop'' of 55% to 567,308 units

Fitch downgrades Tata Motors to 'B' on Covid-19 impact; outlook negative

Agency says Covid-19 will disrupt firms Indian operations and also impact key auto markets globally that are served through its UK-based arm, Jaguar Land Rover

Coronavirus outbreak: Passenger vehicle sales plunge 51% in March

Two-wheeler sales saw a decline of nearly 40%, says Siam

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.

Coronavirus impact: Slowdown-hit automobile hub stares at dead end

The Gurugram-Manesar-Bawal belt, stretching up to Neemrana in Rajasthan, houses one of the largest auto clusters in India

Covid-19 impact: Automobile dealers seek financial support from OEMs, govt

Former FADA President and President Automotive Skills Development Council ( ASDC) Nikunj Sanghi said OEMs have given support packages that were already due to the dealers

Coronavirus impact: Auto manufacturers face second-hand challenge

The second-hand vehicle segment is expected to capture a larger share of the two wheeler and passenger car markets

Top headlines: PM on lockdown extension, ILO's poverty report, and more

Business Standard brings to you the top headlines of the day

Covid-19 impact: French auto maker Groupe PSA defers launch of C5 Aircross

However, it is maintain the timeline for the C-Cubed programme, under which the first vehicle designed, developed and made in India would be launched in 2021

Bajaj Auto sales drop 38% in Mar as biz takes hit; domestic sales tank 55%

The company further said its total two-wheeler sales were down 35 per cent at 2,10,976 units as compared to 3,23,538 units in the year-ago month

More pain ahead for the auto sector? Here's what top brokerages say

The Nifty Auto index has plunged 41.7 per cent since February 3, 2020 as compared to 29.5 per cent fall in the Nifty50 index

From BMW to M G Motor, auto brands shift gears on the virtual highway

Specific tailored marketing pitches using first party data, smoother payment and financing processes and digital launches are among the ways in which auto majors are keeping their brands in the game.