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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


Sumant Banerji
New Delhi, August 19, 2019
Electric mobility has been a major thrust area for the government who is keen on reducing the transport sector's dependence on imported fossil fuel


PTI
August 18, 2019
Besides, CAIT has urged the government to levy customs duty from 300 to 500 per cent on imports of Chinese goods.


PTI
New Delhi, August 18, 2019
\"The Government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles as well,\" said R C Bhargava


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


PTI
August 15, 2019
Modi, after delivering his sixth straight address to the nation on the Independence Day from the ramparts of the Red Fort here, went into brainstorming with Sitharaman and all top officials in her ministry.


PTI
August 15, 2019



BusinessToday.In
New Delhi, August 14, 2019
Auto slump: Auto industry body FADA this month said around 2 lakh jobs have been cut across automobile dealerships in India in the last three months


PTI
August 13, 2019



Sumant Banerji
August 13, 2019
Passenger vehicle sales registered a 31 per cent decline at just 200,790 units. This was also the steepest since December 2000 when it had declined by 35.22 per cent


PTI
August 13, 2019



PTI
August 11, 2019



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.


Joe C Mathew
New Delhi, August 5, 2019
Lack of competitiveness, paucity of risk capital, infrastructure issues and a strong rupee are preventing exports from taking off


Sumant Banerji
New Delhi, August 5, 2019
It is very important for a country and its politicians to set the right targets. It has become clearer than ever that we (the automobile industry) have to contribute to fighting climate change: Volkmar Denner, the Global CEO of Bosch


PTI
August 4, 2019



PTI
August 4, 2019
Hero MotoCorp has already initiated the service in three cities- Mumbai, Bengaluru and Noida -- and now plans to expand this programme in 25 cities over the next few months in a phased manner.


Reuters
Mumbai, August 4, 2019
According to FADA data, passenger vehicle inventories now stand at 50-60 days up from around 45 days earlier, while those of two-wheelers are even higher at 80-90 days.


PTI
August 1, 2019



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