On-board diagnostics II refers to a system by which sensors inspect different subsystems in a vehicle and inform the electronic control unit of any po
Hot rolled coil prices have fallen to Rs 63,000 in June. Experts believe price may come down further.
The company said that the demand and bookings have been good
According to the Federation of Automobile Dealers Association (FADA), vehicle retail sales have declined by 5.7% in September 2021
Ford, General Motors, Harley Davidson, MAN Trucks and UM Lohia are the five auto MNCs that have shut shop in India.
The total sales across categories increased by 14% to 13,84,711 units in August as against 12,09,550 units in August 2020.
Total registration of vehicles in May 2021 fell to 5,35,855 units as compared to 11,85,374 units in April 2021
Automotive dealers have sought fiscal support, including an extension of GST payment for the next three months, to survive the second wave of Covid-19
"Even where dealerships are open, the walk-ins have dropped to 30% and customers are delaying their purchase decisions," said FADA President Vinkesh G
Many automobile companies have halted their production and now dealerships also have been shut down