Auto Sector

German Government proposes Euro 5 billion Stimulus package for Automobile Industry

German Government proposes Euro 5 billion Stimulus package for Automobile Industry

German Ministry of Economics has proposed a Euro 5 billion stimulus package to help automobile industry, facing tough times due to coronavirus pandemic and lockdowns across Europe and other parts o

Maruti Suzuki Sells 18,539 vehicles during May

Maruti Suzuki Sells 18,539 vehicles during May

Automobile major Maruti Suzuki has managed to sell 18,539 units during May 2020, registering a decline of 89 percent compared to May 2019.

Maruti Suzuki Hansalpur, Gujarat Facility Starts Operations from today

Maruti Suzuki Hansalpur, Gujarat Facility Starts Operations from today

Maruti Suzuki India has restarted operations at its Hansalpur, Gujarat facility from today.

Long and Painful Road to Recovery for Automobile Sector: Bosch MD Soumitra Bhattacharya

Long and Painful Road to Recovery for Automobile Sector: Bosch MD Soumitra Bhattacharya

Bosch India Managing Director Soumitra Bhattacharya feels that Indian automobile sector will need around 3-4 years to recover from the economic slowdown which Indian economy was facing before COVID

Hertz Global Files for Bankruptcy as Car Rentals Business Collapses

Hertz Global Files for Bankruptcy as Car Rentals Business Collapses

Car rentals major Hertz Global has filed for bankruptcy as the company failed to reach a deal with creditors in order to survive coronavirus pandemic led lockdowns.

Elon Musk announces reopening of Tesla Manufacturing in Alameda County

Elon Musk announces reopening of Tesla Manufacturing in Alameda County

Tesla Motors founder and CEO Elon Musk has announced that the company’s manufacturing facility will start working from Monday while Alameda County administration hasn’t given a permission for the c

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