Page 5 - Auto Demand

Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%

The Rajiv Bajaj-led company remains optimistic of the road ahead even as the lock down due to the Covid-19 pandemic has crippled the economy

Ferrous metals headed for subdued start in FY21 due to dip in auto demand

Analysts believe that strict quarantine measures to enforce lockdown will lead to demand erosion even though the supply side is facing relatively lower disruptions

Rocky road ahead for auto exporters as demand woes may delay recovery

Tata Motors surged over 19 per cent, while Bharat Forge and Motherson Sumi gained over 9 per cent each

After a washout month, automobile industry seeks resumption of business

All manufacturers reported zero sales in April as factories and dealerships were shut

A month after lockdown, auto dealers making first moves to get back to biz

Dealers located in green zones as specified by the government are applying for permission under the Shops and Establishments Act to reopen their showrooms.

Covid-19 fear: Carmakers change track to online sales, contactless delivery

Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals

Ashok Leyland to resume operations at Alwar, Bhandara, Pantnagar plants

Company will restart production in line with demand after preparing supply chain.

Coronavirus lockdown: SAIL rings alarm bells over financial position

Impacted by customers in various sectors shutting operations

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent

Used-CV sales surge on rural demand uptick, health ministry guidelines

Small Commercial Vehicles and Light Commercial Vehicles are buoyant, Medium and Heavt segment yet to see traction

Covid-19 impact: BMW India sales fall 17% to 2,482 units in January-March

BMW Motorrad motorcycle sales, however, rose 71.52 per cent to 1,024 units during the first quarter of the year as compared with 597 units in January-March period last year.

Coronavirus outbreak: Passenger vehicle sales plunge 51% in March

Two-wheeler sales saw a decline of nearly 40%, says Siam

Covid-19 pandemic a big blow for auto-component SMEs: CRISIL SME Tracker

The nationwide lockdown imposed till April 14 has brought production to a standstill, and will hurt even more if it is extended.

Coronavirus impact: Auto manufacturers face second-hand challenge

The second-hand vehicle segment is expected to capture a larger share of the two wheeler and passenger car markets

Coronavirus lockdown: Auto volumes hit slow gear, could witness 50% decline

While sales of passenger vehicles and two-wheelers were expected to fall 40-50 per cent, sales of commercial vehicles are expected to dip 70-90 per cent.

War on Covid-19: Major auto, electronic units in Tamil Nadu come to a halt

People-first approach marks decision with some firms saying there will be no pay or job cuts

Auto slowdown continues as Jan sales dip 6%, coronavirus to delay recovery

It remains to be seen if the ongoing Auto Expo - the extravaganza where automakers display their new products and technologies - will be able to reverse the trend

Auto sector slowdown to continue as demand unlikely to revive: Report

The 3 million-plus-units domestic auto industry has seen volume plunging over 16 per cent as of December-end 2019, with some of the segments performing even worse

Auto slowdown due to loan related issues, BS-VI transition: Tata Motors

"The sluggishness of the vehicle market in the country is going to be short-lived. We hope that sales of passenger vehicles will record pace by July-August before the festive season," Tata Motors said