Articles for Business News

Nissan To Close Global HQ, Other Japan Sites Through May 10 Due To Virus

Nissan's bigger rival Toyota Motor Corp has said it expects to cut its domestic production by around 40% as it significantly reduced output at its Japanese plants starting earlier month.

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What Is A Negative Crude Future And Does It Mean Anything For Consumers?

Such a steep drop in the oil benchmark prompted strong reactions beyond trading floors. Here is an explanation of what negative crude prices mean in the real world:

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Mahindra Logistics Launches HOPE; Initiative To Support Drivers Financially

The company has partnered with Samhita Social Ventures - a social enterprise and SuperMoney - a financial lending tech platform to reach out to the beneficiaries within the ecosystem.

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How Are Global Car Makers Reacting To COVID-19 Outbreak?

The city of Wuhan in China had been under a strict lockdown post COVID19 outbreak and thus, leading to car equipment shortages. Luxury car manufacturers and car dealerships across the world had reported a cut in supply.

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BMW India President & CEO Rudratej Singh Passes Away

Rudratej Singh, who recently took over as MD and President at BMW India, passed away on 20th April, following a cardiac arrest.

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Tata Motors Group Reports 35% Decline In Q4 FY40

Global wholesales of all passenger vehicles in Q4 FY20 were at 159,321 nos., lower by 26% as compared to Q4 FY19.

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Hyundai Motor India Contributes Rs 7 Crore To PM CARES Fund

The company ealier contributed Rs 7 Crore to PM CARES Fund.

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Electric Vehicle Industry Reports 20% Hike In Sales In FY19-20

This figure does not include E Rickshaws which is still largely with the unorganized sector with a reported sale of around 90,000 units.

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Maruti Suzuki Lends A Helping Hand To Employees And Communities Around Its Manufacturing Facilities In Haryana

Open access to water ATMs for all community members: 17 ATMs in 16 villages in Haryana.

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JLR Retail Sales Skid 12 % In FY20 Due To COVID-19 Crisis

The company's total retail sales for the quarter ending March 31 were 1.09 lakh vehicles, down 30.9 per cent compared to the same period last year.

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