Coronavirus Lockdown
car&bike Team
Jun 19, 2020, 6:49 PM
The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe's auto industry is to manage a shift to low-emission vehicles.
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car&bike Team | Jun 17, 20202020 Intermot Motorcycle Show CancelledA digital format of the annual motorcycle show could be implemented by the end of the year, the organisers announced in a press statement.1 mins
Seshan Vijayraghvan | Jun 16, 2020Tata Motors Reports A Loss Of Rs. 9,864 Crore In Q4 FY2020Tata Motors today reported a consolidated loss of Rs. 9,863.75 crore in the fourth quarter of the Financial Year 2019-20, which ended on March 31, 2020. In comparison, the company reported a net profit of Rs. 1,108.66 crore for the same period in FY2019.1 mins
Shams Raza Naqvi | Jun 15, 2020Brand New Mahindra Ambulances Pressed In Corona Service In MumbaiThe Maharashtra Government had requested the Mahindra Group to ramp up production of these ambulances1 mins
car&bike Team | Jun 15, 2020KTM CEO Says Motorcycle Sales Going Up Due To PandemicKTM boss Stefan Pierer said in a recent interview that the global COVID-19 pandemic has actually increased motorcycle sales.1 mins
car&bike Team | Jun 15, 2020Spain Plans 3.7 Billion Euro Auto Sector Aid Package: ReportSpain plans a 3.7 billion euro aid package for its automobile sector, hit hard by the coronavirus pandemic, to promote investment and the purchase of vehicles, specially electric models, Prime Minister Pedro Sanchez said on Sunday.1 mins
car&bike Team | Jun 15, 2020Royal Enfield To Shut Down Several Regional OfficesOffices of the Indian motorcycle brand in Gurugram, Chennai, Bengaluru, Mumbai, Jharkhand, Hyderabad, Bhubaneshwar and others will be shut down.1 mins
Shams Raza Naqvi | Jun 15, 2020Auto Stocks in Bullish Mode; Slowly Getting Back To Pre-Lockdown LevelsA clear trend indicates the Auto companies' stocks are now faring better at the markets after hitting record lows during the initial phase of the Coronavirus lockdown.1 mins
Charanpreet Singh | Jun 15, 2020New-Gen Lexus IS Sedan To Make Global Debut On June 15The new generation Lexus IS sedan was previously scheduled to make its world premiere on June 9, 2020, which was postponed to a later date due to the coronavirus outbreak. After delaying the global premiere, the carmaker has announced a new date for the unveiling of the fourth-generation Lexus IS sedan. The company will be revealing the highly-awaited IS sedan on June 15, 2020, through a digital event which will be streamed online on Facebook. The event is scheduled to take place at 7 pm EDT, which is 4.30 am IST.1 mins
