Category: franchisee
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Coronavirus impact: New car sales in Europe fall 78.3% in April
Sales of European passenger cars fell in April. Controls have been placed on the coronavirus pandemic throughout the continent. The sales record fell. New car registrations in the EU, UK, and European Free Trade Association (EFTA) countries fell 78.3 percent to 292,182 vehicles. European Auto Industry Association (ACEA) statistics show. Sales in all EU markets…
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Auto parts suppliers hail govt’s six mega moves for MSMEs
The centralized economic stimulus on Micro, Small and Medium Enterprises (MSME) comes just days after Prime Minister Narendra Modi announced a 20 trillion mega package to revive the Indian economy. The Union Finance Minister (FM) has announced six key measures including collateral-free loans, changes in the definition of SMEs, and an increase in the scope…
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Strengthening the Transition: India’s Electric Two-wheeler Market Aging
Like most Asian countries, India has a love of two-wheelers – motorcycles, mopeds, and scooters are an important feature of Indian roads and the humble bicycle in front of them. The idea of ??owning a two-wheeler has always been the initial aspiration of many Indians living in small towns and villages and a symbol of…
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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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Is the supply chain ready for zero-emission vehicles?
Here is a growing interest in zero-emission vehicles that have environmental and air quality issues. Electric vehicles, in particular, are emerging in major markets around the world. In Norway, the conference represented 56% of new car registrations held in March. In the UK, EV volumes are only 4.6% of the new car market. But the…