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

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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Freudenberg’s India business clocks almost six percent growth in 2019 News National
Freudenberg’s India business clocks almost six percent growth in 2019

By Sricharan R calendar17 Apr 2020

This increase in sales is mainly due to their commitment to the Indian market with continuous investments in existing ...

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Abu Dhabi public transport network takes delivery of 99 Mercedes-Benz Citaro buses News International
Abu Dhabi public transport network takes delivery of 99 Mercedes-Benz Citaro buses

autherAutocar Professional Bureau calendar17 Apr 2020

This marks Daimler Buses' second major order in the United Arab Emirates.

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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

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Skoda donates 100 Octavias to fight coronavirus in the Czech Republic News International
Skoda donates 100 Octavias to fight coronavirus in the Czech Republic

autherAutocar Professional Bureau calendar17 Apr 2020

The cars, worth around 85 million Czech korunas, are to be given to social and medical aid agencies.

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Ashok Leyland's ServiceMandi app helps 120 stranded trucks return to the road News National
Ashok Leyland's ServiceMandi app helps 120 stranded trucks return to the road

By Sricharan R calendar17 Apr 2020

Ashok Leyland, by deploying its  ServiceMandi app and en-Dhan card, says it has been assisting CV drivers get back ont...

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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.

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Ferrari begins making respirator valves at Maranello plant News International
Ferrari begins making respirator valves at Maranello plant

autherAutocar Professional Bureau calendar17 Apr 2020

Italian sportscar maker now producing respirator valves and fittings for protective masks.

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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....

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Motherson Sumi explores new acquisitions at low valuations  News National
Motherson Sumi explores new acquisitions at low valuations 

By Nilesh Wadhwa calendar17 Apr 2020

Well-diversified, multi-product Tier 1 supplier with 270 plants in 41 counties hunts for new buys as Covid-19 lowers v...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.17%

No

 

34.83%

Total Votes : 913