Coronavirus Lockdown News

Hyundai Motor Co is likely to report a nearly three-fold surge in first-quarter profit, helped by strong local and U.S. demand for its high-margin luxury Genesis cars, but a global chip shortage is now threatening to derail its momentum.

During the last financial year (April 2020 till March 2021), Steelbird recorded face-shield sales of 8,50,000.

Tata Motors today released an official statement clarifying that the company is running its production operations at the Pune plant with a limited workforce, in line with the current COVID-19 norms, in Maharashtra.

As a part of its break the chain initiative, the state government has now introduced a colour-coded system for vehicles engaged in essential services allowing them to ply with ease in the lockdown areas.

Renault India has released the monthly sales numbers for March 2021. The company has registered a total domestic sales of 12,356 units, which is a good 12 per cent Month-on-Month (MoM) growth compared to the 11,043 units.

The home-grown automaker, Mahindra and Mahindra has released the monthly sales numbers for March 2021.

Maruti Suzuki India has released the monthly sales numbers for March 2021, witnessing a nearly 2 per cent increase in Month-on-Month sales. Last month, the company sold 155,417 vehicles in the domestic market, compared to 152,983 units sold in February 2021.

South Korea said on Wednesday it will exempt business people working to secure supply of auto chips from two-week COVID-19 quarantine requirements and prioritise the vaccination of people key to auto chip procurement.