Uber starts ‘UberMedic’ service to help healthcare workers in India

Uber Technologies Inc

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

Toyota Motor, Nissan Motor, Honda Motor

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

Rolls-Royce Motor Cars

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 […]

Geely Holding warns of coronavirus crisis after 35% 2019 profit drop

Geely automobile holding

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 Akula 310

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

Didi Chuxing logo

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

Buddh International Circuit, Formula 1 circuit in India

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

Volkswagen logo

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. […]

Fiat Chrysler looks to restart some Italian production next week

Fiat Chrysler Automobiles (FCA)

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 […]

Ola Cabs gives 500 vehicles for coronavirus related activities

Ola India

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 logo

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 […]