A prolonged truncation of consumer demand due to the lockdown is seen significantly affecting auto manufacturers (OEMs) revenues and cash flows.
Read MoreCollaborates with SBI, Kotak Mahindra, Barclays, RBL & Union Bank for employee commute.
Read MoreMarch 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.
Read MoreThe company also handing over 1000 Hazmat suits to Government Health Volunteers.
Read MoreAuto 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.
Read MoreGM'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.
Read MoreAutomakers 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.
Read MoreContinental produces requested batches for the Italian healthcare sector despite having ramped-down production capacities due to the COVID-19 pandemic.
Read MoreTesla 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.
Read MoreLocated 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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