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PTI
New Delhi, September 15, 2019
The country's largest car-maker Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August


PTI
September 12, 2019



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


Sumant Banerji
September 11, 2019
Honda said the new Activa scooters will start hitting the roads by the end of this month and will be launched across the country in a phased manner


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.


Prasanna Mohanty
September 9, 2019
Decadal comparisons of growth in railway freight, consumption of diesel and import of crude oil and its products - all point to significant decline, indicating that the economic slowdown is neither sudden nor cyclical


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 6, 2019
The crash in sales in August has seen Alto lose four slots to stablemates Dzire, Swift, WagonR and Baleno and drop down to number 5 in the bestseller's list for the month, another low since 2001.


Rukmini Rao
September 5, 2019
According to the report, in the last twelve months, Tier -1 IT services companies that includes TCS, Infosys, Cognizant, HCL Tech, Wipro and MNCs such as Accenture and CapGemini have added nearly $9 billion in incremental revenue


Joe C Mathew
September 5, 2019
The committee is expected to come out with a set of crop recommendations for each geography after considering the climatic conditions, soil health, water stress and the estimated short-term as well as long term demand for the produce within the country and globally


Sumant Banerji
September 5, 2019
Prior to GST, hybrid vehicles were taxed at 30.3 per cent (12.5 per cent excise duty, 12.5 per cent value-added tax, 2 per cent central sales tax and 1 per cent national calamity contingent duty). Under GST, it attracts 28 per cent tax and 15 per cent cess - like big petrol and diesel luxury cars


Renu Yadav
September 5, 2019
Frequent changes in interest rates may result in issues in the management of cash flows of the borrowers as EMIs may change more frequently


Anilesh S Mahajan
September 5, 2019
The meeting would discuss job creation, equitable growth and the Sangh's alternative development model. It will also focus on pushing for better coordination among affiliates


BusinessToday.In
September 5, 2019
Kia Motors' compact SUV Seltos, which has managed to receive more than 32,000 bookings within 6 weeks of its launch, is also facing a tough task to meet the overwhelming demand


BusinessToday.In
September 5, 2019
The Porsche Taycan Turbo S will cost around $185,000 (Rs 1.33 crore), while the Taycan Turbo will cost nearly $151,000 (Rs 1.08 crore). Other versions, with lower prices, less speed and power, will be available later this year


BusinessToday.In
New Delhi, September 5, 2019
Uday Kotak added that problems in the auto sector are structural and cyclical and he urged the industry to introspect to overcome these challenges.


Niti Kiran
September 5, 2019
While the auto companies are battling a slowdown in sales across all parts of the country, few north-eastern states have bucked the trend of a declining industry-these include Manipur, Mizoram, Nagaland and Sikkim along with Jammu and Kashmir


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.


BusinessToday.In
New Delhi, September 5, 2019
Shashank Srivastava, Executive Director of Marketing and Sales in Maruti Suzuki India said that heavy discount were a reflection of their attempt to try and push retail since inventory at both network and factory levels were high.


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


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