Michael Gonsalves, asian Page 12

Home » Michael Gonsalves

About the AuthorMichael Gonsalves

Revenue growth for the beleaguered auto components sector would halve in next two fiscals due to a steep decline in domestic vehicles sales.

Autocomps revenue growth seen halving

Production volume of OEMs is estimated to either degrow or log low single digit growth at best in the next two years.

28 Aug 2019 2:43 AM IST

First impressions of the XL6 are impressive as, even from a distance, it looks imposing with the new front grille and the large headlamps. Look closer and all the details look more premium.

First drive: The XL6's an SUV at heart

The new Maruti Suzuki XL6 is not exactly an SUV, but it may be truer to the car category than many of the vehicles that...

28 Aug 2019 12:09 AM IST

The 12-year-old firm, which sold 3 lakh electric two-wheelers in India till date, sells a range of low speed, heavy duty and high-speed e-scooters in India.

Hero expands e-scooter range with Rs 62,000 Dash

The Optima ER and Nyx ER are now available across all Hero Electric dealerships at Rs 68,721 and Rs 69,754 respectively.

27 Aug 2019 1:43 AM IST

Defence Minister Nirmala Sitharaman will also have one-on-one meetings with Governor N N Vohra and Chief Minister Mehbooba Mufti. (Photo: PTI)

Auto gear shift

Siam also welcomed the assurance that a vehicle scrappage policy will be announced soon.

24 Aug 2019 1:42 AM IST

The report also pointed out that illegal sand mining ban, stalling of construction has hit sales of tractor.

Cheerless festival ahead for autos

On government's intervention with a stimulus package, he said there was no certainty if this would happen.

23 Aug 2019 1:34 AM IST

BMW, Indias second biggest German luxury car maker, on Wednesday introduced the all-new seventh generation BMW 3 Series sedan to take on its compatriot rivals such as market leader Mercedes Benz, Audi, Jaguar Land Rover, Volvo and Lexus in the fiercely competitive market in Asias third biggest economy.

All new BMW 3 Series launched at Rs 41.40 lakh

BMW 3 Series sedan promises to boost sales and increase the market share of the Stuttgart-headquartered company in the...

22 Aug 2019 3:31 AM IST

Hyundai Motor, Indias second biggest car maker, which launched its all-new Grand i10 Nios hatchback on Tuesday, said it will invest a total of Rs 7,000 crore on new products and technologies in the country despite a slowdown hitting automakers in the last nine months.

Hyundai to put in Rs 7,000 crore

The company has invested Rs 1,000 crore in developing the all-new Grand i10 Nios for the global market, Kim said.

21 Aug 2019 1:23 AM IST

The new collectors edition of the Ghost is restricted to just 50 units for the global market.

Rolls-Royce unveils Ghost Zenith saloon

The new collector's edition of the Rolls-Royce Ghost is restricted to just 50 units for the global market.

19 Aug 2019 3:06 AM IST

The experts said that the Kharif foodgrain output is likely to fall due to irregular monsoon initially.

Friday downpour helps monsoon hit 2 per cent surplus

Meanwhile, the country received 604.8 mm rainfall as of Friday, against the normal of 595.7 mm, which is an excess of 2...

17 Aug 2019 12:59 AM IST

The survey finds investment as the key driver that can create a self-sustaining virtuous cycle in India.

Insuretech firm SE2 opens Pune centre

SE2 is the technology-driven third-party administration services provider for many of the top US life insurance and...

16 Aug 2019 1:19 AM IST

Sources also revealed that Tata Motors had also cut production of its small pick-up trucks at its Pantnagar plant by 17 per cent in August.

Tata Motors to shut Jamshedpur plant for third time this month

Till date over 450 dealerships of various auto brands have been shut across the country due to sales slump, rendering...

16 Aug 2019 1:15 AM IST

For the ninth month in a row, the bloodbath in the automobile market continues, with sales of all vehicle segments staying in the red in July.

Car sales at 2-decade low

According to Siam in the previous downturns the sector witnessed in 2008-09 and 2013-14, at least some of the segments...

14 Aug 2019 1:31 AM IST