Coronavirus Lockdown News

Volvo Cars said it expects its business to recover in the second half of the year after reporting on Tuesday an operating loss for the first six months as coronavirus lockdowns strained supply chains and forced plant closures.

According to The Federation of Automobile Dealers Associations (FADA), total of 9,84,395 vehicles were registered in the country in June which is almost a 5-fold increase from 2,02,697 units that were registered in May.

The BS6 compliant Pulsar 150 is now priced at Rs. 97 958 and is dearer by Rs. 1025, while the Pulsar 150 Neon is priced at Rs. 91,002 has has received a hike of Rs. 999.

CEAT is offering contactless pick-up facility where the required service is provided at a touch point, and the vehicle is then dropped back to the customers place.

Indian Oil Corp Ltd's 300,000 barrels per day refinery on the country's east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday.

Former Nissan Motor Co Ltd Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic", driven as much by a lack of joint leadership than the COVID-19 pandemic.

Indian state refiners' petrol and diesel sales declined in the first half of July from the same period last month, according to preliminary data, as a renewed lockdown in parts of the country and rising retail prices hit demand. India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behind only the United States and Brazil, as infections spread further into the countryside and smaller towns. Fuel demand growth in India, the world's third-biggest oil importer and consumer, plunged to historic lows in April when the federal government imposed a country-wide lockdown.

Daimler India Commercial Vehicles (DICV) recently rolled out its 1000th BS6 compliant Heavy-Duty Truck (HTD) from its manufacturing facility in Oragadam, near Chennai. The milestone vehicle was a BharatBenz 3523R truck, and the company is particularly proud of this achievement because it was one of over 1500 BS6 compliant vehicles that were manufactured in the last few months despite the ongoing coronavirus pandemic and the lockdown.