Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply

Tata Motors share, which fell to a 52-week low of Rs 63.60 on March 24, touched Rs 152 intra day today doubling investor wealth during the period

To counter the closure of the Indian markets in April and May, Tata Steel had ramped up exports significantly by tapping new markets and improving supply chain capability

China Passenger Car Association said during an online briefing that the overall passenger car sales trend is showing a quick recovery from the virus-induced low

Once the current crisis is over, auto companies expect sops to make parts in India. The aim is to diversify sourcing away from a single destination like China

Hospitality to lose Rs 30,000 crore revenue; aviation losses to add up to Rs 8,200 crore; auto sales down 70 per cent; restaurants fear 15 lakh job losses

Coronavirus update: A Paytm employee in Gurugram, who returned from Italy, has been tested positive for novel coronavirus, the company said in a statement on Wednesday

Auto expo 2020 India: Bookings for Mahindra eKUV100 will open in March and the deliveries will begin in April. It comes with an electric motor that delivers 54hp and 120Nm of peak torque and has an automatic transmission

Share Market Update: Sensex ended 322 points higher at 41,617, and Nifty50 too closed 100 points higher at 12,282.

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.

The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other

Oil futures were further underpinned as analysts forecast that global oil demand could accelerate, helping tighten a market that has suffered from oversupply since mid-2014.

Tata Motors' net profit for the fourth quarter of 2014/15 fell 56 per cent - worse than expected -and India's largest automobile company by revenue also held back dividends for the first time since 2002.

The company today unveiled a new plant in Sanand, Gujarat, that will nearly double its installed production capacity in the country.

Maruti has bounced back by focusing on little villages, small customers and tiny gains in factories. The big things are a cleansing of the workforce, capacity building and R&D.