Auto sector news, Indian Auto Sector, India Auto Industry News, Automotive News, World Auto Industry Latest News Update
Business Today
Loading...
Coronavirus impact: Renault India gives 15% hike, promotions to boost morale of staff

Renault has also extended financial support to dealers in the form of collateral-free loans to pay salaries of employees, apart from increasing margin on cars and spare parts by 200-300 basis points

 
 
"Automobile dealers in India operate on the lowest margins possible as compared to peers globally," said Ashish Harshraj Kale, President, FADA
"From supply side, 90 per cent of suppliers in commercial vehicle segment have received permissions to commence," Tata Motors said
Volkswagen has admitted to using illegal software to cheat U.S. pollution tests in 2015, allowing up to 40 times legally allowable emissions
 
 
The new Santa Fe's will feature a shift-by-wire system and uses buttons instead of conventional shift knob
Bajaj Auto said its total exports last month declined by 53 per cent to 87,054 units as compared to 1,83,411 units in same period of last year
The firm has reinforced its commitment to support the government's 'Make in India' vision with more than 5,000 export units for May, the automaker said
Advertisement