While there will be no salary cuts for workers, the company has temporarily reduced compensation of executives across levels by 5-20%.
Mumbai, May 22 () Technology-driven startup BattRE Electric Mobility on Friday announced the launch of its internet-connected electric scooter 'ie,' priced at Rs 64,990 (ex-showroom).
The bike in question is a BMW R nineT, modified by Russian customiser Zillers Garage. Image credit: Twitter/BMWMotorradSA/
"We have prepared extensive standard operating procedures for the dealerships which include frequent sanitisation and practising social distancing... In addition, for the convenience of our customers, SMIPL also plans to introduce various customer friendly initiatives allowing easy ownership and extending support to our dealer partners," SMIPL Managing Director Koichiro Hirao said.
With more people avoiding regular public transport due to social distancing and falling income of autorickshaw drivers, the volume decline for the three-wheelers segment is one of the highest in the vehicle segment.
Production will resume in a phased manner starting May 25 from company's biggest plant in Narsapura in Karnataka, followed by other three plants from first week of June, Honda Motorcycle and Scooter India added.
The company is recalling Interceptor 650, Continental GT 650 and Himalayan motorcycles after discovering a brake caliper corrosion-related issue in some specific countries, Royal Enfield said in a statement.
Pawan Munjal, chairman and CEO of Hero Moto-Corp, said the company has gradually resumed production at its factories in India, Bangladesh and Colombia (in Latin America), though the output is limited to begin with. However, he said that while the company conserves cash, it will not be cutting jobs or salaries.
The company commenced operations after receiving permission from concerned authorities, by adopting detailed safety guidelines and safety measures for its employees, SMIPL said in a statement.
The reopening began on May 4 with the dealerships taking permission from respective local authorities. All the touch points are following mandated protocols to ensure the safety of customers and dealer staff, Bajaj Auto said in a statement.
It has also issued an advisory to its dealership network, which too will be operating with 25 per cent staff, Okinawa said in a statement. All the products will be sanitised at the plant before being dispatched and the exercise will be repeated again when dealerships receive them, the company added.
The company also said that about 120 of its dealerships will resume partial operations and about 300 will be operational by the middle of this month.
TVS Motor Company has commenced operations in India across all factories in Hosur, Mysuru and Nalagarh. The company has undertaken exhaustive measures at its all facilities to ensure safe workplace for employees with appropriate social distancing and highest standards of hygiene, it added.
The company said those employees and shop-floor staff residing near the facilities would be 'aligned' to work in the respective units to avoid long-distance travel and minimise contact during transportation.
The company, which manufactures both diesel and petrol three-wheelers along with electric two and three-wheelers, is also gearing up to resume operations partially although its supply chain is not functional, as two of its suppliers are based out of Maharashtra, which is badly hit by COVID-19.
Most of Hero MotoCorp's peers are likely to start manufacturing post after May 11. Honda Motorcycle and Scooter India (HMSI) is likely to take a call on the start of manufacturing in the next few days and have started reaching out to vendors to understand their preparedness.
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