Articles for Business News

Impact And Implications Of COVID-19 On The Automotive Industry

A prolonged truncation of consumer demand due to the lockdown is seen significantly affecting auto manufacturers (OEMs) revenues and cash flows.

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Meru Partners With Major Banks Across India To Enable Essential Employee Commute

Collaborates with SBI, Kotak Mahindra, Barclays, RBL & Union Bank for employee commute.

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China's March Auto Sales Fell 43.3% Y/Y, Slower Pace Of Fall Vs February

March marked 21 months of decline in a row, with total auto sales down to 1.43 million units from the same month a year earlier.

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Toyota Kirloskar Motor Provides Mobility Supports For Healthcare Workers

The company also handing over 1000 Hazmat suits to Government Health Volunteers.

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Automakers Push To Reopen Plants With Testing And Lots Of Masks

Auto manufacturers and suppliers are converging on a consensus that temperature screening, daily health questionnaires, assembly lines redesigned to keep workers 3 to 6 feet (0.9 m to 1.8 m) apart.

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GM Plans To Extend Shutdown Of Brazil Auto Production By 60 Days

GM's plants in Brazil have been shuttered since March 30 when the company put its workers on furlough, but kept their pay intact as it made employees use up vacation days.

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Volkswagen Furloughs 1,500 Workers At Tennessee Auto Plant Starting April 11

Automakers are facing a dramatic drop in sales in the United States, the world’s second-largest car market, after some states barred dealers from selling new cars while "stay-at-home" orders are in place.

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Continental Produces Medical Hoses Needed In Bergamo & Lombardy Region

Continental produces requested batches for the Italian healthcare sector despite having ramped-down production capacities due to the COVID-19 pandemic.

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Tesla's China Sales Hit Record High In March - Industry Association

Tesla sold around 3,900 units in February, up from 2,620 vehicles in January, CPCA data showed. CPCA uses a different counting method than Tesla's deliveries.

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MG Motor India Plans A 100-member Women's Hostel

Located just 5 kms away from the carmaker’s manufacturing unit in Halol near Vadodara, the facility to ensure the safety and wellbeing of its female associates.

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