Coronavirus Lockdown News

A digital format of the annual motorcycle show could be implemented by the end of the year, the organisers announced in a press statement.

Tata 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.

The Maharashtra Government had requested the Mahindra Group to ramp up production of these ambulances

KTM boss Stefan Pierer said in a recent interview that the global COVID-19 pandemic has actually increased motorcycle sales.

Spain 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.

Offices of the Indian motorcycle brand in Gurugram, Chennai, Bengaluru, Mumbai, Jharkhand, Hyderabad, Bhubaneshwar and others will be shut down.

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.

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 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.