Coronavirus Lockdown News

Auto Stocks in Bullish Mode; Slowly Getting Back To Pre-Lockdown Levels

Auto Stocks in Bullish Mode; Slowly Getting Back To Pre-Lockdown Levels

Jun 15, 2020 09:46 AM
A 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.
New-Gen Lexus IS Sedan To Make Global Debut On June 15

New-Gen Lexus IS Sedan To Make Global Debut On June 15

Jun 14, 2020 07:02 PM
The 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...
New-Gen Mahindra XUV500 And Scorpio Launch Deferred To FY 2021-22

New-Gen Mahindra XUV500 And Scorpio Launch Deferred To FY 2021-22

Jun 13, 2020 11:00 AM
Mahindra today announced that it will be launching two new SUVs codenamed - W601 and Z101 - in the next Financial Year (FY) 2021-22. As we already know, the former is the next generation Mahindra...
Mahindra Open To Exiting SsangYong, Looks At Bringing In A New Investor

Mahindra Open To Exiting SsangYong, Looks At Bringing In A New Investor

Jun 12, 2020 06:09 PM
The company says 80% of losses in FY 19-20 came from International subsidiaries like SsanYong and Genze.
Coronavirus Impact: Mahindra Posts A Loss Of Rs. 3,255 Crore In Q4 FY2020

Coronavirus Impact: Mahindra Posts A Loss Of ₹ 3,255 Crore In Q4 FY2020

Jun 12, 2020 05:46 PM
Mahindra and Mahindra today announced the financial results for the fourth quarter of Financial Year 2019-20. The combined consolidated loss of Mahindra and Mahindra + Mahindra Vehicle...
Nissan To Cut Nearly 250 Jobs At Its UK Plant

Nissan To Cut Nearly 250 Jobs At Its UK Plant

Jun 12, 2020 10:39 AM
Nissan will not extend the contracts of 248 temporary workers at its British car factory, the Japanese automaker said on Thursday, as the industry struggles with reduced demand amid the...
Mahindra Introduces Special Buying Offers For Covid-19 Warriors

Mahindra Introduces Special Buying Offers For Covid-19 Warriors

Jun 11, 2020 04:11 PM
Frontline caretakers and essential service providers such as healthcare staff and policemen will be provided special offers to buy Mahindra cars.
Ford To Return To Pre-COVID Production Rates In U.S. Plants By July 6: Report

Ford To Return To Pre-COVID Production Rates In U.S. Plants By July 6: Report

Jun 11, 2020 03:40 PM
Ford Motor Co expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two...
Coronavirus Lockdown: Vehicles Registrations Decline By 89 Per Cent In May 2020

Coronavirus Lockdown: Vehicles Registrations Decline By 89 Per Cent In May 2020

Jun 11, 2020 01:56 PM
Vehicle registration for the month of May saw a massive drop of 88.87 per cent in India. According to the report shared by the Federation of Automobile Dealers Associations (FADA), total vehicles...
Coronavirus Pandemic: Honda Cars India Launches Doorstep Assistance Program

Coronavirus Pandemic: Honda Cars India Launches Doorstep Assistance Program

Jun 11, 2020 01:16 PM
With the program the company aims to take many of its services like battery check up and touch point sanitisation to the customer's doorstep.