Coronavirus Lockdown News
U.S. Auto Sales Pandemic Recovery Continues As Toyota's Decline Slows
U.S. new vehicle sales in July continued to show signs of recovery from the COVID-19 pandemic, as Toyota Motor Corp on Monday posted its lowest sales decline since the virus outbreak slammed the sector in mid-March.
Suzuki First-Quarter Profit Nearly Wiped Out As Coronavirus Hits Sales
Aug 3, 2020 06:49 PM
Suzuki Motor Corp on Monday saw its operating profit nearly wiped out during the first quarter because of plunging car demand in India, its biggest market, where coronavirus infections continue to increase.
Skoda's First-Half Deliveries Fall 31%, Sees Steady Markets Ahead
Aug 3, 2020 04:37 PM
Skoda Auto sees signs of recovery after first-half deliveries crashed 31% amid coronavirus lockdown measures, the Czech carmaker owned by Volkswagen said on Friday.
Mazda Braces For Biggest Annual Operating Loss As Car Sales Slump
Jul 31, 2020 07:01 PM
Mazda Motor Corp forecast on Friday a record annual operating loss as the Japanese automaker continues to be pummelled by falling vehicle sales due to the coronavirus pandemic.
The Coronavirus Pandemic Compounds Woes Of Renault-Nissan Alliance
Jul 30, 2020 05:18 PM
When the French part of the Renault-Nissan alliance reports its results on Thursday, investors expect confirmation of a harsh reality: automakers that already had weaknesses are having them mercilessly exposed by the COVID-19 epidemic.
Coronavirus Pandemic: Maruti Suzuki's Q1 FY21 Loss Reported at Rs. 249 crore
Jul 29, 2020 08:46 PM
Maruti Suzuki reported a quarterly loss for the first time since 2003, when it was listed on the Bombay Stock Exchange.
Skoda Auto India Starts Contactless Programme
Jul 29, 2020 12:00 AM
Given the lockdown situation in certain cities in the country, Skoda Auto India had started its digital automotive purchase ecosystem. Now, as a result of the response that the company has got online, it has started a contactless experience that the marque commits to deliver, in the wake of the coronavirus pandemic - thereby securing the health and safety of its employees and customers. This involves a consultation suite and a contactless virtual product demonstration option, available for sign up on the website. Customers can also access this through video conferencing over smartphones, tablets and personal computers. Skoda has integrates its 80 plus dealership touchpoints pan India.
Nissan Forecasts Record $4.5 Billion Annual Loss As Pandemic Hinders Turnaround Efforts
Jul 28, 2020 10:43 PM
Nissan Motor Co forecast on Tuesday its biggest-ever annual operating loss and said it expects vehicle sales to tumble 16% as the coronavirus pandemic hampers the company's efforts to turn around its business.
Coronavirus Pandemic: Tata Marcopolo Plant In Karnataka To Remain Shut For 8 Days
Jul 28, 2020 09:42 PM
Amidst the growing number of COVID-19 cases in Dharwad district, Karnataka, Tata Motors has decided to shut the Tata Marcopolo bus plant for 8 days for fumigation exercise. The plant will remain closed from July 26 to August 2, 2020, and during this period, only a handful of staff will be present on the premises for essential services and some maintenance work.
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