auto industry
Auto companies in India cut more jobs, halt production to tackle slowdown
Automakers, component manufacturers and dealers had already cut 350,000 jobs.
Govt has not set deadline to launch electric vehicles: official
Auto industry has been caught in the middle of slowing economic growth that has led to a slump in demand for vehicles.
M&M says fiscal stimulus needed for India's auto industry
M&M's Managing Director Pawan Goenka said that the auto maker has retrenched about 1,500 temporary workers since April 1.
Auto industry hails PM's assurance on co-existence of conventional engine vehicles
Auto industry has been opposing proposal by Niti Aayog to push for full conversion to EVs for ICE three-wheelers by 2023.
The flip side to the ongoing recession in the Auto Industry!
Maruti Suzuki India reported a sixth consecutive monthly sales to decline with the numbers falling 33.5 per cent.
Indian auto executives seek tax cuts, easier finance access to revive sales: sources
Executives from across the sector also asked the government to provide incentives to scrap old vehicles.
'Cut taxes or rollback cess as auto gloom deepens': Anand Mahindra
As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.
Auto industry seeks stimulus package from government
In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.
Auto industry to conduct study on EV migration, to discuss with govt
Migration to EVs needs to be planned to ensure entire ecosystem is ready through a multi-year road map.
Auto industry demands stimulus
Auto industry has been de-growing for the past 4 quarters. Customer sentiments remained low due to the overall slowdown in economic growth.