2020 Auto News Auto Sales Indian automobiles

Is Automobile Industry Back On Track After A Bumpy Ride?

Demand recovery for the automobile sector post lifting of lockdown has been stronger than anticipated. Brokerage firms are bullish, but they advise investors to remain cognizant of retail auto sale risks. Motilal Oswal Financial Services predicts that the second quarter (Q2) of FY 2021 could potentially mark the beginning of a margin recovery phase after […]

2020 Auto News Auto Sales Indian automobiles

Banks, NBFCs Deal Another Blow To India’s Battered Auto Industry

One indicator may be worrying for India’s automakers even as sales rebound after April’s complete washout—lenders have turned stricter. Around 80% of owners, according to an auto dealers’ lobby, bought cars, motorcycles and scooters on borrowed money prior to the pandemic. But as economic activity collapsed during the harshest lockdowns in the world, millions are […]

2020 Auto News Auto Sales Automotive updates

How Software Strategies Will Dominate Auto Industry

A carmaker needs a solid software strategy. The growing amount of software functionality in every new car model will require increased competency, and yet, it’s one thing that’s in short supply in the auto industry… Software expertise and experience are becoming crucial core competency that is in short supply in the auto industry. The growing […]

2020 Auto News Auto Sales USA automobiles

The Pandemic Will Permanently Change the Auto Industry

Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars. A Skoda Auto factory in Mlada Boleslav, Czech Republic. It took almost a decade for car sales in the European Union to recover from the recession that began in 2008. FRANKFURT — Some automakers may emerge […]