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Total 871 results found. Search for [ car sales in May ]

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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.


Prasanna Mohanty
New Delhi, September 18, 2019
Rural and urban inflation sliding down when the headline interest rate (RBI's repo rate) has also been falling reflects all is not well with the economy. It calls for a comprehensive policy response to spur income and investment to revive consumption demand


BusinessToday.In
New Delhi, September 17, 2019
BSE auto index fell 3.8 per cent to close at 15,783.39, as against 1.73 per cent decline in the BSE Sensex. Meanwhile, the Nifty Auto index ended at 7,020.75, down 3.83 per cent, as compared to 1.69 per cent fall in Nifty 50 index


Nevin John
New Delhi, September 17, 2019
According to industry experts, the rising price of crude post the attack will deplete the country's foreign currency reserves and widen the fiscal deficit gap, while it fuels inflation in the domestic market


BusinessToday.In
New Delhi, September 17, 2019
GDP figures were worse than predicted, says RBI Governor Shaktikanta DasThe Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday that India's gross domestic production (GDP) growth at 5 per cent came as a surprise and was much lower than anticipated. The RBI Governor said that bringing back the economy on growth trajectory should be the highest priority of the government. Last week, International Monetary Fund (IMF) had said that India's economic growth is \"much we...


BusinessToday.In
September 16, 2019
The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98


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
New Delhi, September 15, 2019
Sinha also raises doubts about Sitharaman's announcement to organise a mega-shopping festival in India; says \"the economies of UAE and India are different\"


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


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 11, 2019
Bajaj Auto's Managing Director Rajiv Bajaj believes that the unprecedented slowdown in the auto sector is largely due to \"overproduction and stocking\" by companies based on growth forecasts, and ruled out the need for a reduction in the GST rate


BusinessToday.In
New Delhi, September 10, 2019
INX Media: CBI may file chargesheet in September, to name P Chidambaram as accusedAfter questioning former finance minister P Chidambaram in custody, the Central Bureau of Investigation (CBI) is likely to file a chargesheet in the INX Media case by end of this month. Sources reportedly said the chargesheet will be filed against 10 accused, including few companies, which were allegedly involved in the case. The chargesheet is likely to reduce Chidambaram's chances of getting bail. 'Even I...


Sumant Banerji
New Delhi, September 10, 2019
Auto crisis: This year, the industry is keeping it simple, treating the festive month of October as regular even as both Navratra and Diwali are falling in it. 


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.


BusinessToday.In
September 9, 2019
India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in the sector amid assurances by the government for revival.


T V Mohandas Pai
New Delhi, September 9, 2019
The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.


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.


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