auto sector
Some auto companies resume production, others prepare to restart manufacturing
Home Ministry allowed factories in rural areas or those outside municipal limits to resume production under strict safety guidelines
Impact on auto sector to be clear once lockdown is lifted: Nissan Motor
Before the outbreak, the Indian auto sector was already suffering from a prolonged slump
No big bang effect for auto sector
To kickstart demand the government needs to put more money in the hands of the consumer to buy automotive products.
Auto sector's contribution to GDP may slip to 7 pc this fiscal: Acuite Ratings
Two wheelers and three wheelers, were expected to decline by 6-7 pc this fiscal as compared with 2018-19 to around 25 million units.
India's biggest carmaker Maruti sees higher sales in September
August domestic sales at Maruti Suzuki fell 34.3 per cent, one of the biggest monthly drops in sales in recent times.
GST panel unlikely to favour tax rate cut for auto sector: sources
Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to 18 pc from 28 pc.
Auto sales growth outlook revised to 5-7 per cent for FY20: Report
Sales of commercial vehicles and two wheelers have narrowed down to 7.4 per cent and 0.3 per cent month-on-month.
Gadkari backs Sitharaman's remark on auto sector slowdown, says 'one of the reasons'
Gadkari, known for his astute business skills, said his ministry along with finance is charting out way to uplift automobile industry.
Millennials opting for Ola, Uber not that a big factor for current slowdown: Maruti Suzuki
Due to increased prices of auto parts, taxes and rise in insurance rates are some of the reasons for slow down in automobile industry.
Passenger vehicle sales decline for 10th straight month
Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.