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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


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


Reuters
New Delhi, August 13, 2019
India's domestic passenger vehicle sales fell for the ninth straight month in July, an auto industry body said on Tuesday, amid a deepening crisis in the country's automobile sector that has triggered large-scale job losses.


Sumant Banerji
New Delhi, August 7, 2019
Beneath the shimmer of one of world's largest automotive industries is a sordid tale of crushed bones, lost limbs, poverty and broken dreams


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.


Reuters
August 6, 2019
India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy.


PTI
August 6, 2019



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
Beijing, July 15, 2019
Real estate investment, a major growth driver for the world's second-largest economy, quickened in June. It rose 10.1% from a year earlier, accelerating from a 9.5% gain in May but still slower than in April


Reuters
July 7, 2019
The politicians, civil servants and corporate lobbyists who live in substantial houses and apartments in central Delhi pay very little to get limitless supplies of piped water. But step into one of the slum areas in the inner city, or a giant disorganized housing estate on the outskirts and there is a daily struggle to get and pay for very limited supplies of water.


Dipak Mondal
New Delhi, June 24, 2019
It was expected that the council would cut the rate on electric vehicles (EVs) from 12 per cent to 5 per cent and on small passenger cars from 28 per cent to 18 per cent, giving a boost to car sales


BusinessToday.In
New Delhi, June 12, 2019
Major reasons for a slump in the sales are slow production and weak consumer demand; most auto companies had recorded a fall in their profit in Q4 of FY19, and overall production and sale in May


BusinessToday.In
New Delhi, June 10, 2019
Worried that the ongoing GDP growth deceleration may pick up pace, some states are favouring a reduction in tax rates in the upcoming GST Council meeting. The highest tax bracket of 28% currently comprises 28 goods.


Chitranjan Kumar
New Delhi, June 2, 2019
All eyes will be on the RBI's Monetary Policy Committee meet on June 6 which will set tone for the Indian equities; the auto stocks will remain in focus as the market will react to auto sales numbers released by the domestic companies


PTI
New Delhi, June 2, 2019
HCIL said it also exported a total of 450 units during last month; the market continues to be tough for the auto industry with two consecutive months of such a high de-growth, it said


BusinessToday.In
New Delhi, June 1, 2019
Exports fell by 22 per cent to 2,365 units as compared to 3,030 units in the same month a year-ago; domestic sales were down 2 per cent to 43,056 units in May


BusinessToday.In
New Delhi, June 1, 2019
In May, Maruti sold a total of 134,641 units car as compared to 172,512 units sold in the same period last year


Ajita Shashidhar
New Delhi, May 27, 2019
Unemployment, liquidity crunch and scepticism around monsoons may have resulted in a consumption dip, but the appetite to consume very much exists.


PTI
May 16, 2019



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