BUSINESS
This week in Auto: Coronavirus casts a shadow over new launches
Here is the complete round up of all the major events in the auto space this week
BUSINESS
COVID-19 impact | Indian hoteliers stare at Rs 90,000 crore wipeout of revenues
Estimates shared by hoteliers and analysts tracking the sector reveal that new projects will be pushed back by at least 12 months.
BUSINESS
COVID-19 is changing your car buying experience forever; here is what is in store
Little over 2000 dealerships have opened doors so far. This is about one-third of the total dealership strength of each of the manufacturers
BUSINESS
Workers not able to reach factories, Maruti Suzuki faces challenge of manpower shortage
"One need permits to move from one district to another"
BUSINESS
Maruti Suzuki lines up lowest capital expenditure in five years for FY21
India's largest carmaker will incur capital expenditure of Rs 2,700 crore, which is the lowest since 2015-16.
BUSINESS
This exotic cars dealer clocked more sales in lockdown than any other company
Big Boy Toyz, a dealer in used cars and premium bikes, sold around 12 cars last month worth a total of Rs 12-13 crore
BUSINESS
Coronavirus lockdown | No EMI for 12 months: Car-makers pull out all stops to lure back buyers
Automakers are desperate to get back on track after having sold zero vehicles in over 40 days
BUSINESS
COVID-19 impact | Even if truck rentals ease, where are the drivers, asks industry
The national truck capacity utilization is expected to rise to 55-60 percent by end of May from just 10 percent in April
BUSINESS
This week in Auto: Companies go digital to attract buyers, migration of people could challenge the restart
Here is a look at all the major news from the automotive space during the week
BUSINESS
COVID-19 impact | Indian auto industry pushed back by four years
If there is no direct government intervention to uplift demand then the auto industry is staring at its worst year ever.
BUSINESS
Automobile industry faces fresh pain — mass migration of labourers
A sizeable portion of the workforce of the auto industry consists of semi-skilled and or unskilled contractual labourers
BUSINESS
Post-COVID-19 business: Auto dealerships reopen after more than 40 days of lockdown
Many automotive dealerships located in Karnataka, Goa, Orissa and the North East have reopened, according to a senior functionary from the Federation of Automobile Dealers Association.
BUSINESS
COVID-19 Impact | Apollo Tyres to cut capex amid slowdown blues, defer expansion of new plant
Apollo joins a growing list of automotive companies which are planning to cut down their capex
BUSINESS
Auto industry heads meet Prakash Javadekar again, reiterate demands
The automotive industry is seeking urgent government help to tide over the crisis
BUSINESS
COVID-19 impact | Getting ready for coronavirus-safe production is the challenge: Apollo Tyres
Plant closures at Apollo Tyres and with rest of the industry had become a norm well before the lockdown
BUSINESS
This week in Auto: Lockdown extension is not good news for auto companies
Here is a complete look at made news in the auto space during the week
BUSINESS
Coronavirus impact | For the first time ever, India set to report zero automotive sales in April
From producing an average of 2.19 million units a month in FY20 these factories were brought to a complete halt in April
BUSINESS
Rupee slide puts added pressure on luxury car makers
Import-dependent luxury carmakers bear the brunt of the Rupee slide
BUSINESS
COVID-19 impact | No cancellations for hotel bookings from Sept: Oberoi Group
Oberoi Hotel guests have not cancelled bookings for period starting September in the hope of improvement in conditions
BUSINESS
COVID-19 impact | Auto companies rush to raise capital amid financial crunch
The companies have been forced to dig into their cash reserves to pay salaries, settle vendor bills and dealer payments and interest on loans.
BUSINESS
Battle for supremacy | Hero Splendor takes pole position beating Honda Activa
The two brands have been engaged in an intense fight since the past few years
BUSINESS
Coronavirus impact | Auto companies review spending amid belt-tightening plans
The shutdown of practically every auto plant in the country for four straight weeks has put immense strain on cash reserves of these companies
BUSINESS
This week in Auto: Has the lockdown improved India’s road accident record?
Here is a complete look on all the major news breaks in the automotive space during the week
BUSINESS
Coronavirus impact | Auto dealers stare at uncertain times ahead
The lockdown has resulted in a yet-unaccounted loss running into crores threatening the business viability for dealers
