Category: automotive
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Auto dealers planning to launch own online sales platform
Automakers have announced a major shift to digital dealerships, attracting customers to flee sales last month, but a group of dealers is launching their own online sales platform to fight the data. Dealerships that opened last week are on foot. Hyundai, Tata Motors, Honda, and Mahindra have announced their digital platform. However, large dealers, especially…
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The US car industry is restarting after Covid. Now what?
: Coronavirus pandemic automakers have had to close all auto plants in North America. When companies close their factories across the board and close in March, they will reopen their various facilities in stages and gradually reintroduce the product. It will take months – perhaps years – for companies to restore production before the crisis.…
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Nissan announces support package for dealers and customers
Nissan Motor India Private Limited (NMIPL) on Tuesday announced a support package for Nissan and Datsun dealers and customers in a letter to carmaker dealer partners. According to the document dealers are exempt from offering customer offers/schemes and exchange programs to their dealer margin. According to the package, in the first quarter of the current…
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Drivers face financial crisis amid lockdown, seek govt help
Telangana cab and autorickshaw drivers have asked the Center and state governments for financial assistance to force them to leave their income and stay home while locking the coronavirus. The movement of all vehicles is prohibited except to provide the necessary services and goods during the lockdown to prevent the spread of coronavirus. “I have…
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50,000 crore loss to the logistics sector due to lockdown; Relief Package Required: Industry Body ICC
The logistics sector is estimated to cost Rs 50,000 crore due to coronavirus lockdown. Industrial Credit ICC called for a mitigation package for the industry on Thursday. “The growing logistics sector is one of the biggest risks in India,” the Indian Chamber of Commerce (ICC) said in a statement. “When the lockdown was extended on…