Tag: fall

Auto industry may fall out of gear this fiscal, Auto News, ET Auto

Automakers could witness a margin compression of 2-5%, according to an analysis by ETIG, as India emerges from the lockdown.
Automakers could witness a margin compression of 2-five%, in accordance to an analysis by ETIG, as India emerges from the lockdown.

Mumbai: The Indian automobile market may well put up an mixture drop of twenty%, or Rs seventy five,000 crore ($ten billion), in revenue and a drop of 40%, or Rs 15,000 crore, in functioning financial gain with factories established to run at record reduced utilisation stages this fiscal year.

Automakers could witness a margin compression of 2-five%, in accordance to an analysis by ETIG, as India emerges from the lockdown. FY20 revenue and functioning financial gain are pegged at

Read More

Nissan still wants to launch its new Rogue in the fall | Car News

The present Nissan Rogue is nearing the stop of its existence cycle. For some time now, Nissan has been functioning on the next edition of the preferred SUV the present program calls for it to debut afterwards this yr. But with the present crisis hitting all corners of the earth, it is really unavoidable that the debut of several new designs will be delayed.

For now, that would not be the case with the Nissan Rogue, however. The Japanese automaker is dedicated to launching its next-era SUV as prepared in the fall, this even even though its North American crops

Read More

Fuel stations risk closure as petrol sales fall 75%

Many petrol stations in the Uk, significantly those people in rural spots, will have to shut in the coming months, with the coronavirus shutdown getting led to a 75 per cent reduction in petrol revenue, although diesel revenue are down 71 per cent.

The Petrol Retailers Affiliation (PRA) was warned that the lack of revenue is creating jogging some gasoline stations unviable, with scaled-down, impartial operators most at risk. Filling stations of this type have now begun closing in rural spots of the west place, Scotland and Northern Ireland.

Brian Madderson, chairman of the PRA, advised Automobile Specific that although

Read More