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CORONAVIRUS IMPACT ON AUTO
Two-wheeler demand is picking up after lifting of curbs: HondaThe company is preparing to meet customer demand in the upcoming festive season, both by ensuring product availability and increasing promo...- Suzuki Motor operating income drops 98 pc in April-June as India sales fall on COVID-19 hitThe company's consolidated net sales decreased by 482.2 billion yen (53.1 per cent) to 425.3 billion yen during the April-June period, Suzu...
- Coronavirus impact: Bajaj Auto total sales drop 33 per cent to 2,55,832 units in JulyDomestic sales in July this year were at 1,58,976 units as against 2,05,470 units, down 23 per cent, Bajaj Auto said in a regulatory filing...
- Indian auto market to recover faster than others: SS Kim, Hyundai Motor IndiaIndia’s automotive market is resilient and likely to recover faster than others, Hyundai Motor India managing director SS Kim told Sharmist...
- As govt eases coronavirus lockdown conditions, factories to make muted start on subdued demandCarmakers, phone firms are set to begin production with output less than the usual level.
- Covid-19 lockdown woes: Auto companies wheel in wage cuts to keep motors runningBajaj Auto, TVS Motor have already resolved to cut salaries, Tata Motors may also do so shortly.
- Coronavirus' impact on India's auto sectorCOVID-19 led to supply chain disruptions and production halt in the latter half of March 2020.
- Taking steps to help dealers, customers amid lockdown: Honda CarsFurthermore, the company is ensuring that payments to its suppliers is being done on time, it said. "Our dealers are the company's interfac...
- Auto industry stares at $2 bn loss, as factories and dealers shut shop to stem Covid-19 contagionCompanies expect loss of about 750,000 units in production in March alone due to covid outbreak.
- India Inc fears coronavirus to pull down GDP by at least 50 bpsCare Ratings has conducted a survey on the impact of the coronavirus pandemic on the economy among over 150 CEOs, CFOs, investors, analysts...
- Tata Motors stock in double digits after 11 yearsMore than 11 crore shares of Tata Motors were traded on the NSE and 57.43 lakh on the BSE.
- Tata Motors expects limited volume hit in domestic biz due to coronavirusTata Motors on Friday said it expects limited volume loss in its domestic business during the January-March 2020 period due to disruption o...
- Coronavirus impact: Indian auto makers may start getting Chinese supplies soonChinese suppliers have prioritized shipments to large Indian automakers, industry sources said.
- Maruti, Hyundai, Toyota say production schedules unaffected so far by coronavirus outbreak in ChinaThe companies, however, continue to monitor the situation closely, especially the operations of their major suppliers, in order to face any...
- As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
- Auto stocks tank nearly 9% as coronavirus outbreak disrupts supply chainsMaruti Suzuki India was trading with 1.06 per cent losses.
- JLR China plant shut down extended till 17th Feb, Q4 earnings set to be hitAs per the guidelines of the local authorities following the coronavirus outbreak in China, Tata Motors’ Jaguar Land Rover subsidiary has e...
- Auto Inc apprehensive over coronavirus impact on Chinese componentsHe was responding to query on whether the coronavirus outbreak would disrupt supplies from China and, if that happens, how it could affect ...
- Sensex, Nifty snap 4-day winning run; realty, auto stocks weighIT and pharma shares lent some support to the markets and capped losses.
- India guards against coronavirus at car show dominated by Chinese firmsWith the death toll from a new coronavirus outbreak in China nearing 500 and cases of the disease spreading across the globe, organisers of...
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