Any hike in taxes on luxury cars will hit demand and prevent recovery from the disruptions witnessed last year, according to senior officials of the companies

Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...

The increased usage of smartphones has resulted in the demand for in-vehicle sources for efficient charging of devices. As the majority of vehicle charging systems remain wired or tethered, Panasonic has launched an automotive wireless charging system that aims to be a more accurate and efficient way to charge

Total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles in December stood at 1,907,811 units against 1,750,347 units in December 2019, recording 9% growth

According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,18,775 units in December 2019

Auto sales FY21: The strong growth has seen a reduction of inventory levels across segments, something that will soothe the nerves of dealers

Lack of semiconductor manufacturing is turning out to be the biggest hurdle in India's tryst with self-reliance in electronics. It requires 'out of the box' thinking by government and industry

We went too fast to expand in the world, anticipating that global auto markets would grow and that our sales performance would be excellent. Both those things didn't happen. As a result, we were landed with aged vehicles, said Nissan's Chief Operating Officer Ashwani gupta

Bajaj Auto has become the fourth automobile company to hit the milestone, others being Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, and Tata Motors

The light commercial vehicles (LCVs) segment has started to recover as they provide last mile connectivity and because of increased e-commerce activities

With gradual opening of colleges and universities expected from next year, the two-wheeler industry is also banking on student buying to add to the sales momentum

After the devastating effects of the COVID-19 pandemic, it is expected that the auto industry will see stronger growth in 2021-22, said Ashim Sharma, partner and group head at NRI Consulting & Solutions India

The recovery was led by iron and steel, food products, cement, automobile and pharmaceuticals companies, showed the data on the performance of the private corporate sector during the second quarter of 2020-21

In a tough year, with the odds stacked against him, Kenichi Ayukawa ensured Maruti Suzuki stayed on course and ahead of its peers

While the going has generally been tough in India's domestic passenger vehicle industry, even before the pandemic hit the economy, Honda's struggle for growth has predated that

Gaku Nakanishi, President and CEO of Honda Cars said that despite an uptick in sales, the decision to shut down production at Greater Noida plant was taken as the current market conditions remain unpredictable due to the coronavirus pandemic

It is estimated that during the prolonged lockdown, the auto industry suffered losses of more than Rs 2,300 crore in turnover for every single day of closure

The auto industry recorded a turnover of $15.9 billion during the during the first half of 2020-21 against $26.2 billion in 2019-20, which itself was lower than $29 billion in the same period of 2018-19

The Parliamentary Standing Committee On Commerce, chaired by Telangana Rashtra Samithi (TRS) MP Keshav Rao, has also suggested a slew of measures for attracting investment in the automotive sector in the country

SIAM on Friday released inaccurate industry sales data for November with inflated numbers for Maruti Suzuki and later revised it