Tata Motors is offering cash benefits for new buyers and discounts to those who want to exchange their old cars for a new Tata car

The Tata Group patriarch said that large cash burn that start-ups report every month is not a cause of concern. He added that this is a sector that will grow.

Maruti Suzuki's CSR efforts were focused on community development, road safety and skill development

The first half of this financial year 2019-20, has been most forgettable for the domestic passenger vehicle industry

Hyundai Motor India Ltd (HMIL) led the segment, followed by Ford India and Maruti Suzuki India (MSI) at second and third positions respectively.

The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy

Suzuki Motor Corporation (SMC) said it expects net sales during the current fiscal to come down to 3,500,000 million yen (about Rs 2,31,000 crore), a dip of 10.3 per cent from 3,900,000 million yen (about Rs 2,57,400 crore) forecasted earlier

Auto slowdown: Automobile dealers across the country are facing the brunt of the slowdown in sales of cars and two-wheelers despite festive push

The Tamil Nadu-based company had announced non-working days for eight out of its 10 plants in the country last month

As per state Transport Department data, the overall registration of vehicles in Goa during the first four months of the current financial year declined by 15-17 per cent

Maruti Suzuki cut its production by 17.48 per cent in September while Tata Motors reduced its production by 63 per cent to 6,976 units

At the interbank foreign exchange, the rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar, showing a decline of 20 paise over its previous closing

Mercedes-Benz delivered over 125 cars, the highest ever, to the customers on Dussehra in Mumbai and another 74 cars to customers in Gujarat on Navratri festival

The decision comes after months of turmoil at Japan's second-largest automaker following the downfall of former Chairman Carlos Ghosn last year and the departure of former CEO Hiroto Saikawa last month

Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire, dropped by 14.91 per cent to 98,337 units versus 1,15,576 units in the year-ago period

TKM is the fourth company to offer voluntary retirement for its employees after GM, Hero Motorcorp and Ashok Leyland as the ongoing auto slowdown continues to lead to heavy losses for companies

The benchmark Sensex that had surged over 3000 points in two days after the corporate tax cut announcement has pared most of its gains; it fell by 433 points on Friday after the announcement of the repo rate cut