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Reuters
New Delhi, August 27, 2019
Safety norms and higher taxes have \"added substantially\" to the cost of cars, affecting their affordability, said chairman RC Bhargava


Sumant Banerji
August 23, 2019
The hike in depreciation benefit will be valid for all vehicles bought between now and March 2020. It is expected to help clear the high inventory build up at dealerships across the country today


BusinessToday.In
August 23, 2019
Auto slowdown: Addressing the media in New Delhi, Sitharaman said that the government will make auto loans cheaper and the banks will launch repo rate or external benchmark linked loan products.


Sumant Banerji
New Delhi, August 23, 2019
The WagonR units under inspection were manufactured between November 15, 2018 and August 12, 2019. This is one of the largest recall exercises carried out by Maruti in India so far


Reuters
New Delhi, August 22, 2019
Auto companies in India cut more jobs: Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies to halt production at plants to combat slumping sales.


BusinessToday.In
New Delhi, August 21, 2019
Following the proposal to increase registration fee on new vehicles, automakers petitioned the government seeking reduction in GST and other charges that inflate the cost of a vehicle.


BVR Subbu
August 21, 2019
Running to the government cap in hand, at the first signs of a business downturn, hardly behoves such well-established industrial giants.


BusinessToday.In
August 20, 2019
Mirroring the weak consumer sentiment and slowdown in the sector, S&P BSE auto sector index has fallen 35% during the last one year, with home-grown Tata Motors falling 55% in the same period.


Sumant Banerji
New Delhi, August 19, 2019
The slump in despatches and the corresponding relative higher retail sales indicate a comprehensive inventory reduction being carried out in the industry


Sumant Banerji
New Delhi, August 19, 2019
The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come


PTI
August 18, 2019
Slowdown Blues: Normally the credit period is of 60 days but the State Bank of India (SBI) has extended the same to 75 days in some cases or 90 days in others.


BusinessToday.In
August 18, 2019
Slowdown Blues: The representatives from the automobile industry are seeking an 'End of Life' policy from the central government to check the declining auto sales.


Sahil Joshi
August 16, 2019
Tumbling sales in auto sector have led to massive job cuts in the industry. Automakers like Mahindra and Mahindra have claimed that they have done enough 'belt tightening' and now it is time for the government to provide some relief to the sector


BusinessToday.In
New Delhi, August 16, 2019
While this has been part of the annual holiday calendar on account of Independence Day, Raksha Bandhan and the weekend, it also partly reflects the prevailing market demand scenario, said the company


PTI
August 15, 2019
Modi, after delivering his sixth straight address to the nation on the Independence Day from the ramparts of the Red Fort here, went into brainstorming with Sitharaman and all top officials in her ministry.


PTI
August 15, 2019



Reuters
August 14, 2019
Global vehicle production is falling at the fastest rate since the financial crisis - depressing manufacturing output, freight and the consumption of oil and other commodities.


BusinessToday.In
New Delhi, August 14, 2019
Auto slump: Auto industry body FADA this month said around 2 lakh jobs have been cut across automobile dealerships in India in the last three months


PTI
August 13, 2019



PTI
August 13, 2019



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