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Auto industry expects RBI's Stimulus 2.0 to boost confidence across sector

Shahkar Abidi and Sumantra B Barooah     calendar17 Apr 2020

The LTRO coupled with a cut in the reverse repo rate will incentivise banks to actively lend to those in need of funds.

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Piaggio extends support in Pune and Baramati to tackle Covid-19 pandemic News National
Piaggio extends support in Pune and Baramati to tackle Covid-19 pandemic

autherAutocar Professional Bureau calendar17 Apr 2020

PVPL is providing monthly ration kits to 1000 migrant labourers, setting up isolation centres

Durr Systems wins German Innovation Award for robot painting system News National
Durr Systems wins German Innovation Award for robot painting system

autherAutocar Professional Bureau calendar17 Apr 2020

This innovation makes painting faster, more energy-efficient and resource-friendly.

China’s economy slumps 7% in Q1 on pandemic disruption, auto output and sales plunge 40% News International
China’s economy slumps 7% in Q1 on pandemic disruption, auto output and sales plunge 40%

By Sumana Sarkar calendar17 Apr 2020

January-March quarter sees growth contract 6.8% as compared to 6% growth a year ago; automobile production plunges 45....

MG Motor India partners Medklinn to ensure cabin air sterilisation News National
MG Motor India partners Medklinn to ensure cabin air sterilisation

autherAutocar Professional Bureau calendar16 Apr 2020

The carmaker will evaluate the viability of installing Cerafusion, Medklinn’s patented cabin sterilisation technology,...

 Nissan licenses li-ion battery tech to APB Corporation to allow for low-cost mass-production News International
Nissan licenses li-ion battery tech to APB Corporation to allow for low-cost mass-production

autherAutocar Professional Bureau calendar16 Apr 2020

Nissan says all-polymer batteries are said to be the next generation of lithium-ion batteries.

European suppliers and OEMs sign code of business conduct to support re-start of production News International
European suppliers and OEMs sign code of business conduct to support re-start of production

autherAutocar Professional Bureau calendar16 Apr 2020

The Code of Conduct contains chapters on health and safety in the workplace, timely communication, contractual require...

Auto manufacture not included in new list of activities allowed during lockdown News National
Auto manufacture not included in new list of activities allowed during lockdown

By Nikhil Bhatia calendar15 Apr 2020

The Ministry of Commerce had earlier suggested auto manufacturing among the activities that it suggests should be rest...

Michelin buys 20% in Sweden’s Enviro to co-develop tyre recycling tech News International
Michelin buys 20% in Sweden’s Enviro to co-develop tyre recycling tech

autherAutocar Professional Bureau calendar15 Apr 2020

Michelin says this partnership will allow the complementary know-how of the two companies to be pooled in order to acc...

Formula E, FIA and all teams to lower development costs News International
Formula E, FIA and all teams to lower development costs

By Sricharan R calendar15 Apr 2020

Formula E and the FIA have taken a flexible and collaborative approach to decrease spending.