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BusinessToday.In
New Delhi, December 17, 2019
Moody's slashes India GDP forecast to 4.9% for FY20 citing weak consumptionGlobal ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. Moody's said that India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors.Reliance Industries ends IOC's 10-year rei...


Sumant Banerji
New Delhi, December 16, 2019
More than 5 lakh of the company's automatic cars come with the auto gear shift technology, which was launched with the Celerio hatchback in 2014


PTI
December 15, 2019
Morris Garages (MG) has already spent Rs 2,000 crore in India and commenced manufacturing operations at its plant at Halol in Gujarat


Sumant Banerji
December 13, 2019
Large hybrid cars do not get any incentive from the government right now but Maruti along with its partner Toyota has been lobbying behind the scenes in favour of hybrids as a suitable intermediate technology before the country is ready for EVs


BusinessToday.In
December 13, 2019
Maruti has increased its vehicle manufacturing target because it is anticipating a higher demand in this fiscal's (FY20) fourth quarter owing to a rollout of more cars that are compliant with BS-VI emission norms, affordable financing options as well as strong demand for its new offerings, XL6 and S-Presso


BusinessToday.In
New Delhi, December 10, 2019
Auto sales down: Domestic sales of two wheelers went down by 15.74 per cent as only 12,864,936 units were sold as compared to 15,267,778 units the year ago


BusinessToday.In
New Delhi, December 9, 2019
Jaguar Land Rover (JLR) posted fifth straight month of double-digit sales growth of 29 per cent in China. North America sales also grew by 4.9 per cent during the month under review, achieving best ever November sales levels


Sumant Banerji
December 7, 2019
Once considered a bad word and symbolised poor manufacturing processes, product recalls have become routine in global automotive industry as machines have become more complex


BusinessToday.In
New Delhi, December 6, 2019
With this high demand of Kia's Seltos, the South Koran company has emerged as the fourth-largest carmaker seller in the country (in terms of volume) in November 2019


Sumant Banerji
New Delhi, December 5, 2019
Swift, despite being in the pole position, saw a 13 per cent drop while Dzire and Baleno were down 16 per cent and 3.2 per cent respectively


BusinessToday.In
New Delhi, December 3, 2019
Maruti Suzuki says the decision to increase prices has been taken over rising input costs; the company's overall sales fell again in November, posting a 3.3 per cent drop in PV sales over the last year


Reuters
December 2, 2019
Jean-Dominique Senard, Chairman of Renault, told that the shortlist would be finished \"in a very short space of time\"


BusinessToday.In
New Delhi, December 2, 2019
Bajaj Auto registered a 14 per cent decline in domestic motorcycle sales during November 2019. Motorcycle exports, however, soared 18 per cent during the month


BusinessToday.In
New Delhi, December 2, 2019
Reliance Jio to hike mobile tariffs by up to 40% from December 6Reliance Jio has announced a hike in mobile tariffs by up to 40% to applicable from December 6. The telecom operator will raise its mobile services rates through its all in one (AIO) plans where it will offer 300% more benefits, the company said in a statement on Sunday. The telecom operator also said that it will take all required measures to sustain the Indian telecommunications industry.How BJP ministers reacted to...


PTI
December 1, 2019
Honda Cars Sunday reported a 50% decline in its domestic car sales to 6,459 units for the month of November


PTI
December 1, 2019
Tata Motors' total domestic sales were down 25 per cent at 38,057 units as compared to 50,470 units in November last year


PTI
December 1, 2019
Domestic sales were up 2 per cent at 44,600 units as against 43,709 units in November 2018, Hyundai Motor India Ltd (HMIL) said in a statement


Sumant Banerji
December 1, 2019
The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession


PTI
New Delhi, December 1, 2019
Sales of mini cars comprising Alto and WagonR stood at 26,306 units in November


Sumant Banerji
November 26, 2019
Auto Slowdown: In lieu of the slowdown in the domestic automobile industry, the worst in the history, HMSI had on November 5 barred some contractual workers from entering the factory premises, which immediately snowballed into a major crisis


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