FADA has said the coronavirus outbreak has led to an alarming 45 per cent drop in footfalls in automobile showrooms across the country over the last one week and may impact stock clearance ahead of the March 31 BS VI transition deadline

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While auto manufacturers have started looking for alternatives, it would a long time to reach stable production scale as these components will need regulatory testing

Crude oil prices climbed on Wednesday, lifted by hopes that US producers will cut output but gains were limited compared with Monday's crash after Saudi Arabia and Russia triggered a price war

The company has already undertaken a risk assessment, Tata Steel managing director and chief executive officer T V Narendran said

China accounts for almost a quarter of JLR's global sales, which in turn accounts for almost 73 per cent of Tata Motor's annual turnover of around $41 billion

BMW's new SUV X1 can sprint to 100 kmph from standstill in 7.7 seconds

There has been a negative growth in the auto sector since July 2018

Both petrol and diesel prices have seen a steady decline in prices since February 26; crude oil prices, however, rose for a second day on Tuesday on expectations that central banks were likely to enact financial stimulus to offset coronavirus impact

On the recent coronavirus outbreak, Royal Enfield said that it is taking measures to ensure sufficient supplies of required components

The Hyundai Creta, which is scheduled for a launch on March 17, can now be booked at select Hyundai dealerships

Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors Ltd said the outbreak of Covid-19 in China and a recent fire incident at one of strategic vendors affected the vehicle production and wholesale volumes

'Because of the unforeseeable challenges on the parts-supply from China, our BS VI ramp-up has been affected,' Veejay Ram Nakra, Chief of Sales and Marketing, Automotive Division, M&M Ltd said

Domestic sales were down 7.2 per cent to 40,010 units as against 43,110 units in February 2019, says Hyundai Motor India

In the passenger vehicles segment, which includes utility vehicles, cars and vans, M&M witnessed a decline of 58 per cent at 10,938 vehicles as against 26,109 vehicles in February last year

'We do not foresee any problem as of now. We will keep in touch with our suppliers and will inform if there is any issue', a Maruti Suzuki India spokesperson told

Maruti Suzuki's domestic sales dropped 1.6 per cent to 1,36,849 units last month as against 1,39,100 units in February 2019

China accounts for 27% of India's automotive part imports and as China suspends shipments by sea due to Coronavirus, the auto sector may be headed towards troubled waters

IOC has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulphur diesel and petrol

In the next two revisions, which will fall in April and October, natural gas prices are expected to be reduced by 45 per cent to 10-year low