All Honda group companies in India, through its CSR arm Honda India Foundation, have already pledged an aid of Rs 11 crore to central and state governments for relief efforts for the ongoing COVID-19 pandemic.
Given the rapid spread of the pandemic in India and overseas and possibility of further extension of these lockdowns, revival from the down-cycle is expected to be delayed by at least a few quarters.
Studds have clarified that the glasses can shield can be bought directly from the manufacturer through its social media pages, mail and phone.
Rapido joins hands with Big Basket, Big Bazaar & Spencer’s Retail for essential supplies amid Covid-19 lockdownApr 06, 2020
Rapido said that it will be the platform to felicitate these deliveries and the company will not be charging any commission from the its driver partners.
Pre-owned car prices depreciate anywhere between 20-35% in the first three years, and then the depreciation rate is 5-10% every year, depending on make and model.
Jaguar Land Rover’s intention to make the open-source CAD design files available to Additive Manufacturers and suppliers, so many more protective visors can be printed over the coming weeks.
Earlier, as a part of its relief measures, Steelbird Helmets announced that it is offering its ambulance service 24X7 free in Baddi and its helpline number is also active for help.
In a stock exchange notice, M&M said its board of directors held a special meeting to review investment in SYMC and to discuss the approach to capital allocation in the light of the Covid-19 impact.
The digitalisation is not helping carmakers right now but will be a strong tool when we prepare for pandemics or natural calamities in the future.
Many of these entrepreneurs are trying to save the juniors from losing jobs and at the same time are helping rebuild the society
Continental Transparent Hood makes the bonnet ‘transparent’ for a clear view from under the car but how does it work & how does it help. We find out with Dayanand Acharya, Head of ADAS Engineering Systems, Continental India.
Suzuki Motorcycle India registered 40,636 unit sales including domestic and exports until March 22, 2020, followed by a production halt due to Covid-19.
Two-wheeler industry has been under sales pressure over the past few months due to high insurance cost, poor consumer sentiment, particularly in the tier-II, III cities.
The challenge has been started under the MG Developer Program & Grant which was launched in September 2019, as an initiative undertaken by MG to find and promote innovative ideas in the automotive space.
A recent analysis report by Deloitte states that the pandemic is expected to lead the country towards a major slowdown. Major financial institutions have lowered growth estimates for India by 0.5-1.5 percent.
The lockdown as well as BS6 sales confusion has lead to a massive downfall in sales numbers across manufacturers.
The auto industry has come out united in the efforts to ensure that the relief measures are done swiftly to get the economy back on track.
JBM says that its 400 vehicles secure the waste from almost 200,000 households every day in these cities, benefitting around 15 lakh citizens.
The nationwide lockdown has impacted Mahindra’s overall domestic sales in the month of March 2020 by 90%, while passenger vehicle sales stood at 3,384 unit.
Royal Enfield had announced that it has been successful in clearing off the BS4 inventory across its dealerships and starting March 21, 2020, the company started retailing only BS6 models.
Due to the nationwide lockdown, the sales of Honda cars have seen a significant drop in the month of March 2020 with annual sales also seeing a drop of 44.5%.
Covid-19 Relief Measures: Mercedes-Benz India to set up 1,500-bed hospital in Pune, here’s how it will be likeApr 02, 2020
After easing of the Covid-19 crisis, the facility will close down and the medical equipment will be donated to the Civil Hospital of Khed.
Skoda India starts production of reusable face shields for healthcare workers, 250 units being produced dailyApr 03, 2020
The Indian subsidiary also has 3D printers and is exploring ways to make other kits to fight the pandemic.
Mercedes-Benz India says that this measure by the company will not only benefit the medical urgency of such challenging times but also benefit the community after closure of the temporary facility.
Cartier has replaced Peyman Kargar who is taking up a strategic corporate role at Nissan following three years as AMI Chairman and global head of Datsun.
As a sign of unity and support for the entire nation facing the Coronavirus emergency, Lamborghini lights up the historic headquarter buildings in Sant’Agata Bolognese every evening with the colours of the Italian flag.
Among multiple Covid-19 relief measures, Hero MotoCorp is providing food packets at shelter homes and the meals are being distributed with the help of NGOs namely ‘Akshay Patra’ in Jaipur and ‘Wishes and Blessing’ in Delhi.