Will China fade away on the Indian automobile turf?, Auto News, ET Auto

New Delhi: The skirmish with China could severely affect Indian car sector that is ever more sourcing from the neighbour to continue to be charge aggressive and has witnessed constant raise in imports in excess of the past handful of yrs to quench its desires for quality technical parts and crucial spare sections.

China is the premier husband or wife with regard to parts and electronic sections imports, which is double of Europe and pretty much a few fold to the US shipments each calendar year. It has not just increased its presence unequivocally, but is on a frequent spree

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Unions fail to convince Bajaj Auto to shut unit, Auto News, ET Auto

Workers want Bajaj Auto to suspend operations at Waluj unit to contain spread of Covid -19.
Personnel want Bajaj Auto to suspend functions at Waluj device to comprise unfold of Covid -19.

MUMBAI: Personnel tests good for Covid-19 continued to rise at a Bajaj Auto facility in Maharashtra, even as the administration and workers’ unions were not able to arrive at an settlement on no matter whether the functions should be suspended to comprise the unfold of the infection.

The unions demanded short-term closure of just one of the company’s plants at Waluj in Aurangabad district, Reuters documented on Saturday.

A union chief, Thengade Bajirao, instructed ET that about 250 individuals experienced examined good for Covid-19

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Apollo Tyres to cut capex by Rs 400 cr this fiscal to preserve cash flow, Auto News, ET Auto

Apollo Tyres has also taken a cut in the capex investment across its European operations.
Apollo Tyres has also taken a lower in the capex investment decision throughout its European operations.

New Delhi: Apollo Tyres has determined to lower its cash expenditure (capex) by Rs 400 crore this fiscal amid tough enterprise setting thanks to the coronavirus pandemic, in accordance to a senior firm official.

“Provided the in general need predicament, we have lower again on capex to the tune of a further Rs 400 crore in 2020-21 to make confident that we are not stressed from a cash move or a liquidity point of view,” Apollo Tyres Chief Monetary Officer Gaurav Kumar mentioned in

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Maruti Suzuki, Auto News, ET Auto

In June, MSI reported a 53.7 per cent dip in domestic sales at 53,139 units as against 1,14,861 units in June 2019.
In June, MSI claimed a fifty three.7 for each cent dip in domestic income at fifty three,139 units as versus one,fourteen,861 units in June 2019.

New Delhi: The country’s premier carmaker Maruti Suzuki India (MSI) is observing better desire in rural locations thanks to significantly less quantity of COVID-19 conditions as compared with city areas which go on to reel below the superior quantity of conditions of the infectious disorder, as for each a senior firm official.

Purchasing sentiment in rural locations is also better thanks to very good first spell of rains in June which has led to a

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A dearth of inquiries keep CV dealers’ under pressure, Auto News, ET Auto

The recent record levels hike in fuel prices and increase in vehicle prices by 20-30 percent post BS-VI switchover is also a concern with dealers.
The the latest history ranges hike in gasoline costs and raise in car costs by twenty-thirty percent post BS-VI switchover is also a worry with dealers.

New Delhi: As coronavirus ravages financial state and saps demand, the gross sales of professional automobiles have appear to a shuddering halt with no very clear indications of revival in sight.

In contrast to the passenger vehicles and two-wheelers that witnessed early indications of gross sales rebound past month, the demand for the medium and large vehicles in certain, continue on to stay in purple as a much larger section of it supports design

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