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Auto sales may see more than 70% drop in Q1 FY21, Auto News, ET Auto

According to industry estimates, PV wholesale figures may shrink to 1.5 lakh units from 8.73 lakh units.
According to sector estimates, PV wholesale figures could shrink to one.5 lakh models from eight.73 lakh models.

MUMBAI: Indian automakers could report the worst desire drop in virtually a few many years in the a few months to June, with wholesale dispatches and retail income of passenger automobiles (cars and trucks and UVs) contracting greatly in the quarter that coincided with arguably the world’s strictest and most complete lockdown to protect against the coronavirus from spreading.

The sector could see an total drop of twenty five-45% in fiscal 2021 and Q1 could see a drop of more than 70 p.c,

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UK car dealers suffer worst May since 1952 as sales drop 90%

LONDON — British new vehicle sales tumbled by an once-a-year 89% in May, only a little bit fewer damaging than April’s document 97% collapse, as vehicle dealerships remained shuttered by the government’s coronavirus lockdown, marketplace knowledge showed on Thursday.

New registrations of 20,247 models represented the weakest May for sales since 1952, the Modern society of Motor Producers and Traders (SMMT). Income had been down fifty one.4% in the to start with 5 months of 2020 but the marketplace is hopeful that a re-opening of supplier showrooms in England this week will aid to spur a restoration.

“Early reviews suggest

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FCA to drop shift at Ontario minivan plant as Grand Caravan output ends

Fiat Chrysler Cars claimed its Windsor Assembly Plant in Ontario is returning to a two-shift operation in June, a transfer that will consequence in around one,500 layoffs at the longtime minivan factory.

The company educated Unifor, which represents hourly personnel at the plant, of the decision Thursday. The plant, which experienced been working on 3 shifts, will start out a “classic two-shift operation” on June 29.

FCA claimed it is doing work to align quantity with desire as it phases out output of the Dodge Grand Caravan at the end of May perhaps. The Chrysler Pacifica and Voyager also are

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