Saturday, August 1, 2020

Signs of revival for auto sector: Hyundai Motor India touches 98% of pre-Covid levels in July

Hyundai Motor India sold a total of 41,300 units in the last month. This includes 38,200 units sold in the domestic market and 3,100 units in the export markets in July 2020.

from Auto-Industry-Economic Times https://ift.tt/2XhzYg3

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Samvardhana Motherson raises $350 million via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasur...