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Reuters
August 7, 2019
The downturn - regarded by industry executives as the worst suffered by the Indian auto industry - is posing a big challenge for Prime Minister Narendra Modi's government as it begins its second term at a time when India's jobless numbers are climbing.


PTI
August 4, 2019
With no immediate signs of recovery, the Federation of Automobile Dealers Associations (FADA) feared that the job cuts may continue with more showrooms being shut in the near future and sought immediate government intervention such as reduction of GST to provide relief to the auto industry.


Sumant Banerji
August 2, 2019
The company said it suspects a quality issue in the part which may cause difficulty in the rotation of the front wheel and may further lead to wheel jam in extreme situation


Sumant Banerji
New Delhi, August 1, 2019
Maruti Suzuki India Ltd posted a steep 36 percent decline in sales in July at 98,210 units, selling less than 1 lakh units in a month for the first time since June 2017


BusinessToday.In
August 1, 2019
Maruti Suzuki sold 1.09 lakh units in July 2019, which is the lowest as compared to the last two years' numbers, a fall of 33.5% as compared to 1.64 lakh units sold in the same period in 2018.


Reuters
New Delhi, August 1, 2019
Shrinking markets in China as well as India spell lower earnings for many automakers, which have invested heavily in plants and vehicle development in both countries on expectations they would power global auto sales growth for years to come


Sumant Banerji
New Delhi, July 31, 2019
Sales of passenger vehicles have declined for nine straight months till June 2019 and in 11 of the last 12 months. Moreover, there looks to be no end in sight for the slowdown.


Radhika K.T.P.
New Delhi, July 22, 2019
The slump in India's automobile sector is taking a toll on allied industries, affecting jobs and incomes


Sumant Banerji
New Delhi, July 19, 2019
The total number of such cars being inspected at this time is over 50,000 units, including models like Endeavour, Aspire, Figo and Freestyle


BusinessToday.In
New Delhi, July 17, 2019
BS VI-compliant fuel: The refiners have estimated a cost of Rs 30,000 crore to upgrade their facilities to implement India's BS VI emission norms.


Sumant Banerji
New Delhi, July 10, 2019
The industry has hit new lows across the board as tight liquidity, low consumption sentiment and increasing costs due to stricter safety norms have combined to form a strong headwind


BusinessToday.In
July 10, 2019
Benchmark indices Sensex and Nifty closed in bearish territory on Wednesday, with each index registering loss of around 0.45% amid renewed concerns over trade tension between the United States and India. While Sensex ended today's trade with a decline of 173 points at 38,557 level, Nifty50 closed at 11,498, down by 57 points. Overall, 36 out of 50 stocks declined on Nifty50 and 21out of 30 stocks on Sensex closed in the red. On sectoral basis, all indices ended in red by the clo...


BusinessToday.In
July 10, 2019
Benchmark indices Sensex and Nifty closed in bearish territory on Wednesday, with each index registering loss of around 0.45% amid renewed concerns over trade tension between the United States and India.


BusinessToday.In
July 10, 2019
Shares of various automobiles manufacturers were trading lower on Wednesday after the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a slump in domestic sales generated as well as the production figures.


PTI
July 10, 2019



PTI
New Delhi, July 7, 2019
Maruti Suzuki said it slashed total vehicle production, including Super Carry LCV, by 15.6 per cent last month to 1,11,917 units as compared to 1,32,616 units in the year-ago month


Sumant Banerji
July 6, 2019
Budget 2019: The Union Budget 2019 has made a clear demarcation between the traditional automobile industry- the one that uses internal combustion engine and uses fossil fuel, and the nascent electrical vehicle fraternity.


Reuters
New Delhi, June 23, 2019
The think-tank, which is chaired by Prime Minister Narendra Modi and plays a key role in policymaking, had recommended that only electric models of scooters and motorbikes with engine capacity of more than 150cc must be sold from 2025


Reuters
New Delhi, June 22, 2019
India is one of the world's largest two wheeler markets with sales of more than 20 million scooters and motorbikes last year.


PTI
June 21, 2019



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