Articles for Business News

Volkswagen Announces #VWellnessIndia Program For Saftey & Security Of Stakeholders

#VWellnessIndia program is based on a holistic platform covering three important pillars of Volkswagen namely employees, dealer partners and customers.

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Auto Industry Lauds PM Modi Announcement On Rs. 20 Crore-Lifeline

The industry feels that the focus on land, labour, laws and liquidity is what is required to make India self-reliant in the long run.

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eBikeGo Announces Monthly Subscription Based Electric Scooters Service For Offices

Companies can hire scooters on behalf of their employees or the employees can also subscribe so that they can travel safely.

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Honda Cars India Re-Opens 155 Dealerships Across The Country

This includes 118 showrooms and 155 service outlets cumulatively.

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Fiat Chrysler Restarts Brazil Production After Coronavirus Shutdown

Fiat Chrysler had been producing 1,600 vehicles a day at its plant in Betim, in Minas Gerais state, and 1,000 vehicles a day in Goiana

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Shell, Eni Lead Oil Majors' Climate Ambitions But Still Fall Short

Shell has pledged to bring down its overall carbon intensity by 65%, Eni by 55% and BP by 50% by 2050.

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India's Automakers Warn Of Up To 45% Sales Drop As Economy Slumps Amid Pandemic

SIAM, told government officials last week that if India's economy contracts by 2% in the year starting April 1, sales of cars, trucks and motorbikes could decline by as much as 45% from a year before.

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Toyota Sees 80% Profit Drop As Virus Wipes $14 Billion Off Car Sales

The expected damage to Toyota's bottom line highlights how carmakers will struggle to recover from the virus in the coming months as they gradually restart factories after curbs on public movement prevented workers in many countries from commuting.

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Toyota Kirloskar Motor Partially Resumes Retail & After-Sales Operations

The company announced the partial reopening of 171 dealership outlets, which are now functional.

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Employees Of ŠKODA AUTO Volkswagen India Contribute Over INR 1.2 Crore To Fund Ventilators And PPE kits

Employees of SAVWIPL contributed a day’s salary to fund full-featured ventilators and PPE kits for COVID-19 hospitals in Mumbai, Pune and Aurangabad.

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