Volume 7 Issue 29
Indonesia, Honda JV Tangle over Lube Tie-in
July 15, 2020A fair trade regulator in Indonesia heard arguments this week in the case of a Honda scooter supplier charged with illegally requiring dealerships to only offer lubricants provided by the scooter supplier.
Japanese Market Continues to Soften
July 15, 2020Japan's lubricant market continues to soften, according to data released recently by a government agency and the Petroleum Association of Japan. An industry insider said weak automobile sales are partly to blame.
Savita Posts Lower Profit
July 15, 2020Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower net profit and total income for the quarter ending March 31.
From Other Editions of Lube Report
July 15, 2020Hope for Recovery Voiced at Webinar
Briefly Noted
July 15, 2020The sales volume of Chinese brand passenger cars reached 590,000 units in June, down 11.6 percent from a year earlier, but up 3.4 percent from May, the China Association of Automobile Manufacturers reported on July 10.