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Reuters
New Delhi, September 25, 2019
The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49% stake, while Indian rival Mahindra will own 51%.


BusinessToday.In
New Delhi, September 25, 2019
Maruti Suzuki, Hyundai, Tata Motors and Honda are offering discounts and plenty of other benefits to revive sales in the upcoming festive season. Maruti Suzuki, the biggest carmaker in India, is offering discounts up to Rs 1 lakh this month. A look at who's offering what.


BusinessToday.In
September 24, 2019
\"We expect that retail sales in September would witness an improvement over August,\" Bhargava told reporters on a press conference scheduled on Monday, 23 September 2019.


BusinessToday.In
New Delhi, September 24, 2019
'Sales in September to be higher than in August,' says Maruti Suzuki Chairman RC BhargavaIndia's biggest automaker, Maruti Suzuki India Ltd, expects sales of its cars in September to be higher than the previous month, its Chairman RC Bhargava has said. He said that very high sales are expected on September 29 and 30.  September 29th marks the beginning of the 9-day Navaratri festival, which typically witnesses an uptick in sales.India's corporate tax cut to boost smartphone man...


BusinessToday.In
September 23, 2019
Hyundai India's schemes are in the form of cash and exchange offers for Santro, Grand i10, Xcent, Elite i20, Verna, Elantra and Tucson


BusinessToday.In
New Delhi, September 22, 2019
S-Presso is Maruti Suzuki's indigenously developed, conceived, and a designed vehicle that will be sold from the Arena dealership channel of the company. This would be the second product after Vitara Brezza (a compact SUV) to be designed and developed in India


BusinessToday.In
New Delhi, September 19, 2019
Mumbai weather: Schools, junior colleges closed after IMD issues 'heavy rainfall' warning Maharashtra state authorities have decided to close schools and junior colleges in Mumbai, Thane and Konkan regions for today after the Indian Meteorological Department's (IMD) issued a warning and predicted heavy rainfall in the region. Minister of School Education Ashish Shelar said the decision had been taken as a precautionary measure after taking into consideration the suggestions from t...


BusinessToday.In
September 19, 2019
According to the chairman of Maruti Suzuki India, FM Nirmala Sitharaman is correct in her recent assertion that the ride-hailing companies have impacted auto demand. He backed up his argument saying young buyers don't need to buy cars for commuting and can spend most of their income on electronic gadgets.


BusinessToday.In
September 12, 2019
The MG ZS electric compact SUV will be produced locally in India, however, the battery packages for it would be imported from China-based CATL


Sumant Banerji
New Delhi, September 11, 2019
Sitharaman's argument that millennials' preference for Ola and Uber is responsible for dismal auto sales was perceived by the auto industry as an excuse for not slashing excise duties to prop up sales - something the government has been hinting at for a week at least


BusinessToday.In
September 10, 2019
The sharp decline in sales, for the tenth consecutive month, has forced job losses and production cuts across India's massive auto sector and now the downturn can be seen affecting automakers' small cars portfolio too.


BusinessToday.In
New Delhi, September 9, 2019
Jaguar sales dropped 17.8 per cent y-o-y to 9,702 units in August, while Land Rover retailed 29,228 vehicles, down 1.4 per cent compared to August 2018


Sumant Banerji
September 9, 2019
Auto sales decline in India by 23.5%: In August 2019, overall sales stood at 18,21,490 units against 23,82,436 units in the same month last year.


Sumant Banerji
New Delhi, September 5, 2019
\"We should move towards alternative fuel... I am going to do this, whether you like it or not. And I am not going to ask you. I will bulldoze it. Petrol, diesel gaadi banane walo ka band bajaana hai,\" he had said in September 2017.


Reuters
Manesar, September 4, 2019
Nationwide, according to industry estimates, automakers, component manufacturers and dealers have laid off about 350,000 workers since the start of the year, in response to plunging car sales


BusinessToday.In
September 4, 2019
Maruti Suzuki share price fell nearly 4% on Wednesday's trading session after the carmaker said it has decided to close passenger vehicle manufacturing operations at Gurugram and Manesar plants in Haryana for two days, on September 7 and September 9, respectively.


BusinessToday.In
New Delhi, September 4, 2019
With India's auto sales declining for the 10th straight month in August, more automotive manufacturers are laying off workers and temporarily halting production to keep costs in check


BusinessToday.In
September 2, 2019
Finance Minister Nirmala Sitharaman kindled hopes of a GST rate cut on the same day that several leading auto players announced dismal sales figures for August. The auto industry has long called for a reduction in the GST rate from 28 per cent to 18 per cent to accommodate the downturn.


BusinessToday.In
New Delhi, September 2, 2019
Car sales crash 29% in August; all eyes on Sep 20 GST meetAutomobile sales in the country crashed again by nearly a third in August 2019 over last year marking the 10th straight month that sales have declined. India's largest carmaker Maruti Suzuki posted a steep 36 per cent decline in sales in August at 93,173 units compared to 145,895 units in the same month last year. The cumulative sales of the top 6 carmakers in the country that were declared on Sunday, showed a decline of ov...


Sumant Banerji
September 1, 2019
Finance Minister Nirmala Sitharaman had on August 23 announced a few measures including 30 per cent depreciation for new vehicles and revoking the ban on purchasing vehicles for the government, to spur a turnaround but many in the industry felt the measures were too little too late.


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