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Top News In கூட்டமைப்பு ஆஃப் ஆட்டோமொபைல் விநியோகஸ்தர் சங்கங்கள் Today - Breaking & Trending Today

New vehicle registrations down by 30% in FY2020-21

11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).
According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 30% in FY2020-21, except for tractors which grew by 16%. Total vehicle sales for the month of April 2021 declined by 28% (MoM).
Overall sales for FY2020-21 stood at 1,52,71,519 units, compared to 2,17,68,502 units in the previous fiscal. Also, 11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).
As India battles the second wave of the Covid-19 pandemic, vehicles sales witnessed a double-digit fall in April 2021, as most states started going under lockdowns. All categories, hence, closed the month in red with two-wheelers fall -28%, three-wheelers -43%, PVs -25%, Tractors -45% and CVs -24% respectively on a MoM basis. ....

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FADA raises Rs. 10 lakh to install GPS on Oxygen tankers

The GPS devices will help the transport authorities monitor the movement of oxygen tankers.
The Federation of Automobile Dealers Associations (FADA) Maharashtra has raised Rs. 10 lakh to install GPS devices on 250 oxygen tankers.
The GPS devices will help the transport authorities monitor the movement of oxygen tankers as the state continues its fight against the second wave of the coronavirus pandemic. The devices are also expected to improve the turnaround time.
According to FADA Maharashtra Chairperson, Amar Jatin Sheth, the dealer body has already placed the order for the GPS devices and has started installing them on the tankers from this week. ....

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Cars are making a comeback, thanks to COVID

Itâs starting to feel as commonplace as handwashing: To protect against COVID, people across the globe are skipping trains and buses. Instead, theyâre part of the great car comeback thatâs sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a âlollipop.â Itâs a front-row seat to the worldâs changing travel habits. ....

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Cars make a Covid comeback, more oil will be burned

The car renaissance could be the latest example of how Covid-19 makes a lasting impact
Published:
May 02, 2021 15:22
Bloomberg
Afternoon rush hour traffic in Los Angeles, California on April 26, 2021. The great car comeback is sending vehicle sales soaring and fueling a demand surge for oil and metals.
Image Credit: AFP
It s starting to feel as commonplace as handwashing: To protect against covid, people across the globe are skipping trains and buses. Instead, they re part of the great car comeback that s sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a l ....

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Paint Additives Market Size Forecast to Reach $10.5 Billion by 2026

Paint Additives Market Segment Analysis – By End Use
Building & Construction segment held the largest share of more than 40% in the paint additives market in 2020. Architectural coatings are meant to protect and decorate the surface features. The growing uses of paint additives in the residential and commercial buildings to improve corrosion resistance, water resistance, thermal resistance, and abrasion resistance drive the market growth. The growth in the building and construction, highway, dams, and smart cities in the developing nations also contribute to the growth of architectural industry, which further propels the growth of paint additives market. The Oxford Economic has forecasted the volume of construction output will rise by 85% to $15.5 trillion globally by 2030, with China, the United States, and India together accounting for 57% of all global growth. Besides, improvements in the living standards of people and rapid urbanization also contribute to the growth of t ....

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