Stellantis begins its journey with new Board of Directors AUTO INDUSTRY NEWS

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

ZERO DARK APRIL 2020: Indian Auto Industry staring at Rs 92000 crore loss for 40-day lockdown

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

Indian auto industry stares at Rs 48,300 crore loss for 21 days closure of plants

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

Kia Motors India temporarily suspends operations at Anantpur plant

Kia Motors India has decided to suspend all its operations with immediate effect. With this, company’s manufacturing facility in Anantapur (Andhra Pradesh) and company office premises will stop functioning until fur...

Lohia Auto halts production at Kashipur plant

As the Government announced a lockdown across various districts of the country in a bid to tackle the Coronavirus disease (Covid-19), Lohia Auto, an electric vehicle player, announced its closure of its production a...

SIAM President urges OEMs, component manufacturers to shut plants

Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM) has urged both the OEMs as well as auto component companies to shut their plants in the light of the grave situation arising out of the spr...

Renault, Nissan Alliance plant in Chennai suspends production

Renault India and Nissan India have temporarily suspended production at its Alliance manufacturing facility, Renault Nissan Automotive India Private Ltd. (RNAIPL) in Chennai.

Rockman Industries suspends operations in manufacturing units

Rockman Industries, the auto-components arm of Hero Group, has suspended all operations in its 7 facilities till March 31, 2020. Rockman has its manufacturing units in Ludhiana, Haridwar, Bawal, Chennai, Tirupati a...

TVS Motor Company halts manufacturing operations in India and Indonesia

TVS Motor Company has decided to halt all manufacturing operations at its plants in India and Indonesia till further notice in order to tackle the spread of COVID-19 (Coronavirus). The company has decided that all ...

India Yamaha Motor suspends operations at 3 plants in country

India Yamaha Motor (IYM) Pvt. Ltd. has taken the preventive counter-measure against the spreading coronavirus (covid-19) by suspending its manufacturing operations at its Plants in Chennai (Tamil Nadu), Surajpur (Ut...

Benelli India temporarily ceases operations at Hyderabad plant

Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, announced that Benelli India has shut down all operations at its manufacturing and assembly plant based out of...

Hyundai Motor India suspends manufacturing operations

Hyundai Motor India will be suspending its manufacturing operations at the Chennai facility from Monday, March 23, 2020 till further notice to stop the spread of coronavirus (COVID-19) - a global pandemic.

FCA suspends production in India in response to COVID-19 crisis

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Hero Motocorp halts operations at all manufacturing plants globally, including India

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Honda 2Wheelers India temporarily shuts down operations

Honda Motorcycle & Scooter India Pvt. Ltd. announced precautionary measure as it diligently monitors current COVID-19 pandemic situation. The company has temporarily announced shutdown of operations across all its f...

Honda Cars India temporarily suspends production operations in Greater Noida, Tapukara

In view of the escalating COVID-19 situation and to ensure safety and well-being of all its associates, Honda Cars India Ltd. has informed its associates and suppliers that production operations at both its manufact...

Mahindra & Mahindra suspends manufacturing operations

Mahindra and Mahindra Limited announced proactive, preventive and pre-emptive measures at all their offices and manufacturing locations in India, to ensure employee safety and contain the spread of the CoronaVirus (...

Maruti Suzuki halts operations at Haryana facilities

Maruti Suzuki Ltd, the country’s largest car manufacturer has decided to close production at its plants in Haryana following the Government policy that now requires closure of such production facilities across the s...

TKM temporarily halts production in Bidadi plant, Karnataka

Toyota Kirloskar Motor (TKM) has decided to temporarily halt production in its plant in Bidadi, Karnataka till further announcement. The decision was taken keeping in mind the safety and security of the company’s em...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...




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