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2 Lakh jobs cut in Automobile sector

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New Delhi: Federation of Automobile Dealers Association (FADA) claims that around 2 lakh jobs will be cut across Automobile Industry in last 3 months. “The majority of job cuts have happened in the last three months. It started around May and continued through June and July,” FADA president Ashish Harsharaj Kale.

With no immediate signs of recovery, FADA says that more jobs may have to be cut down because of constant shutting down of the Automobile Dealership centers. The main reason behind this is the cut down of sales in past three months.

According to Ashish Harsharaj, the two lakh jobs cuts in the last three months are over and above the 32,000 people who lost employment when 286 showrooms were closed across 271 cities in the 18-month period which ended in April this year.

Around 2.5 million people were employed directly through around 26,000 automobile showrooms operated by 15,000 dealers. Another 2.5 million are indirectly employed in the dealership ecosystem, Ashish added.

As per Society of Indian Automobile Manufacturers (SIAM) figures, vehicle wholesale across all categories declined by 12.35% to 60,85,406 units in April-June against 69,42,742 units in same period of last year. Passenger vehicles (PV) segment has been the worst hit with sales continuing to decline for almost a year now. In July, market leader Maruti Suzuki reported a 36.3% drop in its domestic PV wholesales, while Hyundai saw a dip of 10%. M&M sales were down 16%, Tata Motors’ PV sales fell 31% while that of Honda Cars India Ltd (HCIL) also came down 48.67% during the month.

Automobile

Deliveries Of Jawa Perak To Start From July 20.

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Classic Legends has announced that it started the deliveries of the Perak from the 20th of July across the length and breadth of the country.

The Perak is a motorcycle reminiscing the past, yet far ahead of its time. Designed and developed as a factory custom embodying the spirit of ‘Stealth, Vigilante and Dark’, the BSVI compliant machine is a true bobber in spirit and form with ‘bobbed’ fenders, chopped exhaust, and a floating seat.

The bookings for the motorcycle began on January 1, 2020, and now, over half a year later, the deliveries of the motorcycle have commenced. However, the motorcycle that is being delivered is now BS-VI emission norm compliant as that became mandatory from April 1, 2020.

The Jawa Perak is powered by a 334cc liquid-cooled, single-cylinder engine that makes 30.64 PS of power and 32.74 Nm of torque and comes with a 6-speed transmission. Thanks to the BS-VI update, Jawa has worked on the engine and they have not only made the engine meet a stricter emission norm but have also managed to extract almost 2 Nm of torque more than before.

Other updates on the Jawa Perak include a completely reworked chassis with an all-new swingarm, both which, have had their stiffness levels tuned for more straight-line stability and planted cornering, as claimed by Jawa.

Anupam Thareja, co-founder, Classic Legends said, “When we set out to build the Perak, the goal was simple – to create a motorcycle with the right blend of exclusivity, individuality and performance, with a hint of sinister and dark. Built on the idea of India’s first factory custom, the Perak is just that and now it is out on its prowl.”

The Jawa Perak was launched in India on November 15th 2019 and the bookings for the motorcycle began on January 1, 2020. The motorcycle is priced at Rs 1,94,500 (ex-showroom, Delhi).

To help bikers give in to temptation more easily, the Jawa Perak is also available with a range of easy finance options.Classic Legends has put in place a comprehensive standard operating procedure across its sales outlets and the dealerships have been adhering to the policies and measures directed by the Central and State governments with respect to the safety of customers, employees, and visitors. The showrooms are functional with teams trained and equipped to follow social distancing, hygiene, and sanitation protocols.

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