Ride-hailing company Uber Technologies on Tuesday said it has started a new service ‘UberMedic’ to help transport frontline healthcare employees to medical facilities and other critical areas throughout India given the coronavirus crisis. “Uber is providing a new service, UberMedic, to transport frontline healthcare workers and assist the government fight against the spread of COVID-19. Working closely […]
Japanese automakers brace for US sales as coronavirus impacts clients
As the U.S. auto industry braces for the biggest slump since the 2008 financial crisis because of the coronavirus crisis, analysts are counting the cost for Japan’s automakers — whose fortunes depend largely on the US, which is the world’s second-largest car market. To reflect declining U.S. demand, Goldman Sachs cut its combined operating profit estimate for […]
Britain orders 10,000 ventilators made by Ford, Airbus and Rolls-Royce
Britain has placed an order for 10,000 ventilators which will be made by a consortium of companies consisting of Ford Motor, Airbus and Rolls-Royce as part of efforts to battle the coronavirus pandemic. Governments across the world are attempting to increase the number of ventilators which are mechanical breathing devices capable of blowing air and […]
PSA wants to resume two French plants, but unions disagree
French automaker PSA, the maker of the Peugeot and Citroen brands, said on Friday it came up with health measures to its unions with a view to progressively resume its European plants, which have been closed because of the spread of the coronavirus. PSA, which has halted production in all its European plants until March […]
Nissan suspends production at Kyushu plant due to coronavirus infection
Nissan Motor said it stopped operating the auto production line at its Kyushu plant in Japan to start disinfection work after a worker there tested positive for COVID-19 coronavirus pandemic on March 31. It did not give an indication of when operations may restart, saying that it would be decided based on the guidance of health officials. […]
Geely Holding warns of coronavirus crisis after 35% 2019 profit drop
Chinese automaker Geely Automobile Holdings on Monday stated 2020 may be one of the “most difficult years” in its history, as pressure emerging from the coronavirus crisis on production and sales is likely to continue in the near future. The automaker also said the decline in sales drove net profit down 35% in the last year when the country’s […]
TVS Motor Company pledges $3.3 million to Indian PM’s relief fund
TVS Motor Company on Monday announced an additional Rs. 25 crore ($3.3 million) contribution to the PM’s Relief Fund (PM-CARES) to help with the battle against coronavirus pandemic, together with its Group Companies TVS Credit Services, Sundaram-Clayton and among others. The development comes in line with the continued activities being conducted through Srinivasan Services Trust (SST), the CSR arm of […]
BAIC, Didi plan car leasing service amid new car sales decline in China
Chinese automaker BAIC Motor and transportation company Didi Chuxing plan to collaborate with other industry players to lease BAIC’s cars to customers as new car sales have declined. The companies, which have a joint venture to create the next-generation connected-car systems, will collaborate with electric vehicle (EV) battery maker CATL, State Grid, Postal Savings Bank of China and Uxin to build […]
Formula 1 circuit in India to house migrant workers due to lockdown restrictions
The Buddh International Circuit in India will host migrant workers who have been attempting to shift to their native places from the national capital as economic activities have been stopped because of the 21-day lockdown ordered for containing Covid-19 Coronavirus pandemic. The district magistrate of Gautam Budh Nagar, B N Singh, has invoked special powers under the Disaster Management Act to select […]
China sales show recovery after coronavirus crisis, says Volkswagen
German automaker Volkswagen expects vehicle sales in China, the world’s largest car market, to quadruple in March, it stated, pointing to a recovery after the coronavirus crisis. “We are cautiously optimistic that the worst effects of the crisis will be behind us in two to three months,” stated Stephan Woellenstein, head of Volkswagen’s China business. […]
How to Avoid Buying Fake Car Insurance Policy Online
While some customers take the insurance companies for a ride by inflating claims, they, too, can be cheated by fraudulent practitioners who may sell them fake policies. If you are not sufficiently careful while buying your insurance, you could easily be led up the garden path by agents out to make a quick buck by […]
Fiat Chrysler looks to restart some Italian production next week
Fiat Chrysler Automobiles (FCA) is looking to restart some vehicle production from next week at three plants located in Italy if it gets the green light from the government, a union representative stated on Monday. Previously this month, Italy banned travel in the country and ordered a halt on all business activities deemed non-essential, including […]
China and South Korea plants resumes operations, says Renault
French automaker Renault stated Monday it was restarting production at two factories in China and South Korea after they were closed as officials were trying to deal with the spread of the coronavirus. “All of the group’s factories are currently shut down, except for the factories in China and South Korea, which have restarted operations or are […]
Ola Cabs gives 500 vehicles for coronavirus related activities
Karnataka Deputy Chief Minister C. N. Ashwath Narayan on Monday stated Indian ridesharing company Ola Cabs has agreed to provide 500 vehicles to the government for transporting doctors and other coronavirus related activities. Ola Cabs is an Indian ridesharing company, established in 2010. “Ola Cabs has agreed to give 500 OLA vehicles for #Covid_19 related activities in […]
Volkswagen India extends warranty till July 2020 due to coronavirus crisis
Volkswagen India has announced that it has extended the service standard warranty for its consumers to assist them in the coronavirus crisis. The Volkswagen vehicle owners with warranty ending between 22nd March and mid-May 2020, can take benefit of special support up to 31st July 2020, said the German automaker in a release. The extended warranty […]
