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Search Keyword: pandemic

Maruti Suzuki ramps up its digital initiatives
News
  Aug 16, 2021

Maruti Suzuki ramps up its digital initiatives

India’s leading carmaker, Maruti Suzuki India Limited has said that during Covid-19, its accelerated digital capabilities and partnership with Facebook has driven many industry-first initiatives to win customers.

Force Motors registers sales growth of 181% in the April-July period
News
  Aug 16, 2021

Force Motors registers sales growth of 181% in the April-July period

EBITDA for the quarter ended June 30, 2021, stood at Rs 510 million as against Rs 440 million a year back, indicating a growth of 214%. It continued to consolidate its leadership in the Large Vans segment.

How Indian auto industry is preparing against the third Covid wave
News
  Aug 13, 2021

How Indian auto industry is preparing against the third Covid wave

Many industry mavens from various sectors unanimously think that India has learned many lessons from the pandemic, and it can certainly handle the challenges if the third wave arrives shortly, says Manav Kapur, Executive Director, Steelbird International.

Chip shortage affects auto production in Mexico
News
  Aug 12, 2021

Chip shortage affects auto production in Mexico

The auto production in Mexico fell 26.5% for the month of July 2021 when compared to July 2020. AMIA has revised its estimated outlook for the production of vehicles and exports to the same levels recorded in 2020.

Rising raw material prices impacting machine tools industry: IMTMA
News
  Aug 11, 2021

Rising raw material prices impacting machine tools industry: IMTMA

The machine tools manufacturing sector was one of the worst-hit sectors during the COVID-19 pandemic. IMTMA expects the industry to grow around 8-10% due to infrastructure spending and investments.

Continental manufactures innovative surface materials for EV makers
News
  Aug 10, 2021

Continental manufactures innovative surface materials for EV makers

Continental is shaping the future of automobility by supplying all of the world’s innovative and disruptive premium manufacturers with state-of-the-art surface materials for vehicle interiors.

Indian e-bike manufacturer Toutche expands operations in Europe
News
  Aug 07, 2021

Indian e-bike manufacturer Toutche expands operations in Europe

Toutche has named its London entity as its international headquarters to expand its overseas business and global presence. The entity will be strategic to Toutche’s global plans and supply chain operations.

Castrol India reports strong performance in 2Q and 1H for 2021
News
  Aug 05, 2021

Castrol India reports strong performance in 2Q and 1H for 2021

According to Sandeep Sangwan, Managing Director, Castrol India Limited, the company has reported a strong financial performance and business delivery in 2Q of 2021.

Indian auto component industry sales declined by 3%
News
  Aug 05, 2021

Indian auto component industry sales declined by 3%

The Automotive Component Manufacturers Association of India, ACMA has announced its findings on the automotive component industry.

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