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Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

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Asia’s biggest motor show drew to a close on Wednesday bringing the curtains down on the six-day extravaganza. Even though it fell short of the overall number of participation, it was one of the biggest in terms of partaking by new entrants. Beating the slowdown that has sapped buyer’s sentiments and hit volumes at auto companies for the past year-and-a-half, a total of 608,526 people visited the show at the Great Noida Expo Mart between February 7 and 12, according to Society of Indian Automobile Manufacturers (Siam). With a peek into the future of mobility via green technologies, the exposition included 352 product displays from 108 exhibitors. This included eight global premiers and over 70 launches and unveils. It also comprised introduction of 35 electric vehicles and 15 concepts. Though many manufacturers gave the show a miss, those who participated believed in it as a platform to rekindle interest in a slowing market. Read Complete Article

Strong CV business, robust exports offset domestic weakness for Bajaj Auto 

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Bajaj Auto Bajaj Auto was the greatest washout among Sensex organizations on Friday: Disappointing profit, combined with general offering weight in the business sectors, saw the stock shed 4.9 for every penny. While its best line execution for the quarter finished December 2017 was in accordance with gauges, the organization baffled both at the working and net benefit levels. To begin with, the volume execution. The organization is trailing its associates similarly as cruiser volumes are concerned. Bajaj Auto's household bike deals became only two for every penny throughout the year-prior quarter, while peer TVS Motor announced a 27 for each penny increment in a similar period. Investigators at Jefferies said that underperformance in residential cruisers proceeded in the December quarter and remains an auxiliary worry for Bajaj Auto. While the organization keeps on doing admirably in the passage level portion with the CT and Platina models, offers of which are up 19 for ea...