Tuesday, Mar 19, 2024 | Last Update : 10:12 AM IST

automobile sector

India's auto sales volume will take 3-4 years to recover: SIAM

“Production has been slow to pick up due to supply chain disruption and weak demand,” said Rajan Wadhera, president, SIAM

15 Jul 2020 6:42 AM

Vehicle registrations down 89% in May

For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails

11 Jun 2020 3:33 PM

Carmakers tie-up with banks to offer low interest rate schemes to attract customers

So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week

02 Jun 2020 4:16 PM

TVS Motor cuts staff salaries by up to 20% as sales plummet

There will be 5 per cent salary reduction at the junior executive level and about 15 to 20 per cent at the senior management level

26 May 2020 2:25 PM

Hero MotoCorp resumes retail operations; claims 10,000 sales in a week

Around 10,000 units of motorcycles and scooters have already been sold since the reopening of these customer touch-point

10 May 2020 4:35 PM

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Auto stocks mostly higher on price hike announcements

Tata Motors' stock gained 7.11 per cent to Rs 169.40 on the BSE. In early trade, it was up 7.74 per cent at Rs 170.40.

04 Dec 2019 8:11 PM

Major automobile manufacturers report sharp decline in August sales

Maruti reported a 33 per cent drop in August sales at 1,06,413 units.

02 Sep 2019 9:55 AM

Auto gear shift

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

24 Aug 2019 1:42 AM

Why silent on job losses, economy, Priyanka asks Modi govt

The Congress leader's recent comments came at a time when the automobile sector is facing the steepest fall in nearly 19 years.

19 Aug 2019 2:37 PM

Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki

The temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted.

17 Aug 2019 11:35 AM

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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.

13 Aug 2019 8:50 AM

Top Indian automakers plan production cuts amid industry crisis

Auto parts manufacturers and dealers have laid off about 350,000 workers since April.

10 Aug 2019 10:47 AM

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.

08 Aug 2019 9:18 AM

Two lakh jobs cut in last 3 months across automobile dealerships: FADA

286 showrooms were closed across 271 cities in the 18-month period ended April this year.

05 Aug 2019 9:22 AM

Natural rubber prices to remain under pressure

When it comes to imports of rubber products, the volume and value are on the rise as well.

05 Aug 2019 3:35 AM

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10 lakh jobs in automobile sector in danger: Priyanka

The Congress General Secretary in-charge of Uttar Pradesh (east) cited a media report on jobs in the automobile sector in a tweet in the morning.

27 Jul 2019 1:05 AM

Automobile dealers body seeks rollback of new GST changes

The automobile retail trade industry is around Rs 5 lakh crore with around 25,000 dealers.

07 Mar 2019 5:31 PM

Tata Motors turnaround plan to boost CV market share to 44 pc

Tata Motors sold a total of 3,76,456 units of CVs in 2017-18.

22 Apr 2018 1:30 PM

Geete urges Jaitley for rethink on auto GST

About the capital goods policy Geete said ministry intends to spend Rs 3,000 crore to roll out this policy.

23 Aug 2017 9:27 AM

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