Lanxess developing halogen-free, flame-retardant plastics

Lanxess is expanding its range of halogen-free, flame-retardant, glass-fiber-reinforced polyamide 6 compounds to include Durethan BKV30FN01 and Durethan BKV30FN04 DUS064. Both products are designed for use in thick-...

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

TomTom unveils new world-class office space in Pune

TomTom (TOM2), the geo location technology specialist, announced the opening of its new office space in Pune, Maharashtra. Spread over 100,000 square feet, the state-of-the-art facility can accommodate up to 1000 em...

Maruti Suzuki, largest car makers are now car crushers

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now all set to become the largest car breakers of the country. The company has set up a vehicle scrapping and recycling unit at Noida in the s...

Power Global, Rap Eco Motors tie up for swappable battery technology

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

Tech rich cars hit by semi conductor shortage; worst festive sales in decade: FADA

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Venu Srinivasan of TVS, Anand Mahindra of M&M awarded Padma Bhushan

Auto industry stalwarts Venu Srinivasan, Chairman, TVS Motor Company and Anand Gopal Mahindra of Mahindra & Mahindra, were presented the prestigious Padma Bhushan Award by the President of India, Ram Nath Kovind, at...

Godrej & Boyce introduces e-switch technology for general purpose motors

Godrej& Boyce, the flagship company of the Godrej Group announced that its business Godrej Lawkim Motors has launched the electronic switch (E-Switch) technology for its range of general-purpose motors. This will re...

TVS rolls out 100,000 unit of BMW 310cc motorcycle from Hosur facility

TVS Motor Company announced the roll out of 100,000 unit of BMW Motorrad’s 310cc series of motorcycles. The motorcycle was rolled out from the TVS Motor’s Hosur facility by KN Radhakrishnan, Director & CEO, TVS Moto...

Mercedes-Benz India starts local production of new S-Class

Mercedes-Benz India rolled-out the all-new S-Class from the assembly lines of its state-of-art production facility in Chakan, Pune. The S 350 d model is priced at Rs. 1.57crore and the S 450 4Matic at Rs. 1.62 cror...

Vinod Aggarwal  takes over baton from Nikunj Sanghi at ASDC

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

Kia plant in South Korea gets Factory Safety Service Robot

Hyundai Motor Group has introduced a ‘Factory Safety Service Robot’ for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea.

Govt announces PLI Auto Scheme; Incentives worth Rs 26058 crore

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Omega Seiki Mobility selects C4V to provide next-gen lithium-Ion batteries

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

TVS Srichakra forays into Indonesia with Eurogrip 2-wheeler tyre range

TVS Srichakra, a leading manufacturer of 2 & 3-wheeler and off-highway tyres, announced its foray into the Indonesian market with Eurogrip range of tyres.

Mahindra inaugurates state-of-the-art Mahindra SUV Proving Track

From silk saris to a silky smooth track for testing vehicles. The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and the exquisite silk wear that includes the traditional saris. Now...

Ford recruits robot test drivers for tough conditions test

Ford’s state-of-the-art Weather Factory has never been busier. Used to simulate a range of extreme conditions under one roof, it has enabled engineers to test vehicles in a way that is less impacted by travel limita...

Ather Energy opens proprietary fast-charging connector for other OEMs

Ather Energy, India’s first intelligent electric scooter manufacturer, announced that the company will offer its proprietary charging connector to other OEMs to adopt for their two-wheelers, paving the way for an i...

At 15,56,777 units, auto sales increase by 34pc in July 2021: FADA

According to the latest retail data provided by the Federation of Automobile Dealers Associations (FADA), total vehicle retails for the month of July 2021 have increased by 34.12% on year on year basis. When compare...

Mahindra unveils new logo for SUV portfolio

Mahindra & Mahindra has unveiled its new visual identity including a brand-new logo that will differentiate its SUV portfolio. The all-new visual identity is in tune with the company’s focus to be makers of sophisti...

Motherson, Marelli to get into smart illuminated exterior body parts for cars

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), (a Motherson Group company), has signed an MOU with Marelli Automotive Lighting to explore a new technological partnership focused on smart illuminated ext...

Stellantis announces new brand heads for Citroën & Jeep in India

After the announcement of Roland Bouchara as CEO & Managing Director for Stellantis in India earlier in April 2021, the company has announced key leadership appointments for its operations in India. Saurabh Vatsa a...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

From Willys military Jeep to electric tech, 80 years of Jeep brand

On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep vehicle. Eighty years later, the Jeep brand thrives around the world wit...

AP procures 25000 electric 2 wheelers for govt employees

Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25000...

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Hyundai Motor India rolls out 10 millionth car from Chennai plant

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

Toyota Kirloskar Motor, ACMA sign MoU for training programmes

Toyota Kirloskar Motor (TKM), has announced the signing of a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA).

Lanxess reveals new design for electric vehicle charging inlets

The boom in electric vehicles is causing a sharp rise in demand for plastics destined for charging infrastructure. Lanxess is convinced that this area offers a wealth of opportunities to use its Durethan polyamides ...

Schaeffler Steer-by-wire tech Space Drive for DTM racing cars

Leading automotive and industrial supplier Schaeffler is the official “Series and Innovation Partner” to the DTM racing series and will bring the steer-by-wire technology Space Drive to the starting grid in three DT...

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

Schaeffler optimises medias online platform with new functions, responsive design

Integrated automotive and industrial supplier Schaeffler has optimised its medias online platform in order to provide users even faster and more efficiently with comprehensive information. In addition to information...

Varroc Engineering, Candera sign MoU on TFT instrument cluster tech

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

First 100 BYD Tang SUVs set sail for Norway

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and one of the first to produce one million electric passenger cars globally, has shipped the first 100 European-specification BYD Tang SUVs for custom...

Goodyear completes acquisition of Cooper Tire & Rubber Company

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

First unit of all-new Skoda Kushaq rolls off production line at Pune plant

Skoda Auto India has started production of the Kushaq at the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) plant in Chakan, Pune. Customer deliveries are planned to begin in July 2021. The Skoda Kushaq comes with TS...

CESL signs agreements for over 30,000 e-vehicles with Goa, Kerala

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

TVS Srichakra enters Europe two-wheeler tyre market with Eurogrip brand

TVS Srichakra Ltd., one of India’s leading manufacturers of 2 & 3 wheeler and off-highway tyres, announced its foray into the European market with its new range of Eurogrip two-wheeler tyres customised to meet the E...

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Donations, service extensions, plant shut downs in auto industry

Plant shutdowns, donations and service extensions are being increasingly witnessed in the Indian auto industry.

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Fiscal 2020-21, April 2021 vehicle registrations down (-) 38pc, (-) 28 pc: FADA

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...

Indian auto companies shut down, divert oxygen for medical purposes

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

Stellantis announces key leadership appointments for India & Asia Pacific region

Stellantis India & Asia Pacific has announced key leadership appointments for its operations both within in India and the region. Roland Bouchara, has been appointed to the role of CEO &Managing Director for Stella...

Kia India gets new company logo & slogan ‘Movement that inspires’

Changing its name from Kia Motors India to Kia India, this wholly owned subsidiary of Kia Corporation of South Korea has announced the relaunch of its brand in India with a focus on illuminating its transition from...

Huawei launches a full set of intelligent vehicle components for OEMs

At Auto Shanghai 2021, Huawei has launched its next-generation intelligent components and solutions, including the 4D imaging radar, AR-HUD, and MDC 810 during its Huawei Inside (HI) product launch titled "Focused ...

Jaya Hind Industries extends tech cooperation with KS Huayu Alutech Germany

Jaya Hind Industries Private Limited, a Dr. Abhay Firodia group company, which has had a 12 year-long successful technical tie-up with KS Huayu Alutech GmbH (KSATAG) announced that the agreement for the manufacture ...

Omega Seiki MoU with C4V to introduce solid state batteries in India

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

ACMA Automechanika show gets virtual with no physical meeting

Marking the launch of ACMA Automechanika's virtual edition, Messe Frankfurt India along with ACMA (Automotive Component Manufacturers Association of India) will welcome aftermarket players on its online networking a...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

FY2020-2025 revenue to remain modest for Indian Components industry, says ICRA

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Interview with Vishal Mathur, Senior Vice President, LMD Truck Business, VECV

Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by Eicher trucks....

Dr. Anish Shah appointed MD and CEO of Mahindra & Mahindra Ltd.

The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah presently the Deputy Managing Director and Group Chief Financial Officer would take over as the Managing Director and Chief Execu...

Pvt vehicles have 20 years, CVs 15 years for deregistration

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Wadhwani Advantage launches programme dedicated to auto, industrial segments

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

ASDC, FADA join hands with Google to lead industry’s Digital Transformation

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

Automotive Skills Development Council signs MoU with Magic Billion

The Automotive Skill Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with Magic Billion to explore possible future opportunities to impart genuine and specialised overseas opportunities to ...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

TVS Motor Company appoints Timothy Prentice as Vice President – Design

TVS Motor Company has appointed Timothy (Tim) Prentice as Vice President – Design at TVS Motor Company. Tim is among the most acclaimed motorcycle designers globally, with significant motorcycle design milestones an...

Jyoti Malhotra appointed as Managing Director Volvo Car India

Volvo Cars India has announced that Jyoti Malhotra has been appointed as Managing Director of the company. Forty nine year old Jyoti Malhotra will be the first Indian to head Volov Cars in India. Jyoti, currently se...

Tractor sales continue to soar in India for Jan 2021

Barring very few tractor makers in the country, the remaining manufacturers recorded positive domestic sales for the month of January 2021 as compared to January 2020.

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

TVS owned Norton Motorcycle of UK moves to new headquarters

UK based Norton Motorcycle Co Ltd, acquired by India’s TVS Motor Company in early 2020 has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West M...

Maruti Suzuki begins production and export of Jimny SUV from India

Maruti Suzuki India has commenced export of Suzuki’s celebrated compact off-roader Jimny from India. The first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. The i...

Earth Energy EV to launch six new electric scooters and commercial vehicles

Earth Energy EV, an automotive startup has announced its plans to launch six new commercial and non-commercial vehicles commercially in the market this year. The company plans to introduce electric vehicles with 96%...

TECHNOLOGY: Bentley Flying Spur V8 Engine: Facts And Figures

The new Flying Spur V8 has build on Bentley’s more than 60-year tradition of using cross-plane V8 engines. The V8-powered Flying Spur offers a characterful engine note, greater range between fuel stops and a reducti...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

AUTO COMPONENTS: ACMA Automechanika New Delhi 2021 to go hybrid

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

Slew of Jeep SUVs in India soon as FCA India lines up $250m Investment

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

2021 TVS Apache RTR 160 4V launched in Bangladesh

TVS Motor Company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh. This is the first-of-its-kind two-wheeler connected cluster technology in the country.

Daimler, Infosys tie up for technology-driven IT infrastructure transformation

Daimler AG and Infosys of India have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation.

Ather Energy adds 16 new markets in country in phase 2 expansion

As part of phase 2 of expansion, Ather Energy, India’s first intelligent electric scooter manufacturer, announced the launch of the Ather 450X in 16 additional cities

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

V4 Granturismo: the engine for the next generation of Ducati Multistrada

Italian motorcycle major Ducati has presented the new V4 Granturismo, the engine that will equip the long-awaited new generation of Ducati Multistrada, which is going to be unveiled on November 4, 2020.

Dassault Systèmes launches Solidworks 2021 for 3D design, engineering applications

Dassault Systèmes, a large software company headquartered in France, has launched Solidworks 2021, the latest release of its portfolio of 3D design and engineering applications.

Tata Technologies, GKN Automotive join forces

Tata Technologies, a global engineering and product development digital services company, and GKN Automotive, a global leader in driveline systems and advanced ePowertrain technologies, announced the opening of an a...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

BorgWarner completes acquisition of Delphi Technologies

BorgWarner Inc has announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics pr...

Bridgestone custom built Potenza tyres for Maserati MC20

Bridgestone has been selected as the exclusive tyre supplier for the MC20, Maserati’s new super sports car. This collaboration between two industry leaders conquers new ground, with Bridgestone enhancing the incredi...

Toyota, Honda to test mobile power generation / output system

Toyota Motor Corporation (Toyota) and Honda R&D Co., Ltd. (Honda) will create a mobile power generation/output system, Moving e

Interview with KN Gupta, Joint MD, Maclite (Super Nova Autolite Pvt Ltd)

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

JLR develops  contactless touchscreen to help fight bacteria and viruses

New contactless touchscreen technology developed by Jaguar Land Rover and the University of Cambridge will help keep drivers’ eyes on the road and reduce the spread of bacteria and viruses in a post COVID-19 world.

Lanxess polyamide 6 comes handy in making hybrid vehicle bolster

Thermoplastics with easy-flowing properties are usually somewhat more expensive than comparable standard materials; however, they offer advantages that ultimately pay off in terms of processing, production costs and...

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

BMW Group India recommences operations at plant, dealerships

BMW Group India has restarted operations on June 1, 2020 in accordance with government guidelines. Consumers can once again safely explore and experience the complete range of BMW, MINI and BMW Motorrad products at ...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

Huawei partners with carmakers to cultivate 5G automobile ecosphere

Huawei, the world’s leading information and communications technology (ICT) provider, has established an alliance with 18 automakers to build a 5G-enabled automobile ecosphere to accelerate commercial use of 5G tech...

Zero domestic sales for auto majors; Bajaj Auto, Hyundai largest exporters in April 2020

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

Automobili Lamborghini produces surgical masks, medical shields

Automobili Lamborghini is converting departments of its super sports car production plant in Sant’Agata Bolognese in order to produce surgical masks and protective plexi glass shields. The masks will be donated to t...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

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...




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