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

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.

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

Unemployment, liquidity crunch and scepticism around monsoons may have resulted in a consumption dip, but the appetite to consume very much exists.

BMW X5 is one of the top-selling models for the carmaker in the domestic market, and the latest version of the SUV will compete with the likes of Mercedes-Benz GLE, Volvo XC90, Range Rover Velar, Porsche Cayenne and the Audi Q7

Markets Live: Sensex closes 372 points or 0.99 per cent lower at 37,090 and Nifty ended at 11,148 down 130.70 points or 1.16 per cent.

Once touted as the fastest growing industry in the world, passenger vehicle sales are estimated to have declined by over 17 per cent last month - steepest in a month since October 2011

In fiscal 2019, mere 376 Nanos were delivered to customers. That is almost half of what India's bestselling car-Maruti Alto - sells in a day.

There were no new entrants in the top 10 bestseller list in fiscal 2019 with Maruti accounting for all the top five positions and had seven cars in the top 10 list

Tata Motors share price has been falling for the last two days and lost 2.57% during the period. Tata Motors share has lost 48.75% during the last one year and gained 4.75% since the beginning of this year.

As the official vehicle, the Tata Harrier will be showcased around the tournament and will also be a part of the IPL Trophy Tour which will cover several major Indian cities.

India's first electric taxi service launched in Delhi-NCRGensol Mobility said it has launched India's first electric vehicle (EV) taxi fleet, BLU-SMART, in Delhi-NCR with about 70 cars that will be ramped up to 400 vehicles by the end of March 2019. The company, which is in talks with various car companies such as Tata Motors, Mahindra & Mahindra and Nissan for procuring EVs, has also invested over Rs 50 crore to set up charging infrastructure in various parts of the city.Govt working on ...

How it became India's fourth most valuable group and what it is doing to stay on top.

Italian super sports car maker Lamborghini expects to nearly treble sales in India in 2019, a year ahead of its previous plans, riding on the back of its new super luxury SUV Urus

The first quarter results have been fairly robust. A revival seems round the corner.

Infosys to renew focus on digital servicesInfosys Ltd, India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals. Digital services - such as cloud, big data and analytics which accounted for more than a quarter of Infosys' revenue in year to March 2018 - are a massive opportunity, Chief Executive Salil Parekh said on Monda...