Autos
Motorcycle segment may outperform rest of auto industry: Fitch
Domestic motorcycle production would gain some support from shift in demand but more benefit would accrue from the export market
Elon Musk's Tesla becomes world's richest auto group
Tesla has seen ups and downs but its shares have risen steadily since late 2019 as it met key production targets for its Model 3 car
India plans incentives for auto companies to boost exports
The move is part of India’s effort to create ‘champion’ sectors to attract investment, generate jobs and boost manufacturing
Maharashtra govt freezes 3 Chinese projects worth Rs 5 crore
Hengli Engineering was to invest Rs 250 crore and PMI Rs 1,000 crore in the auto sector
Tata Motors to shed 1,100 jobs at Jaguar Land Rover
The automaker posted a consolidated fourth quarter net loss of Rs 98.94 billion, as coronavirus lockdowns across its markets ravaged sales
Mahindra looks to give up control of Ssangyong
Mahindra, which owns a 75 per cent stake in SsangYong, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010
Vehicle registrations down 89% in May
For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails
Huge job losses imminent in automotive sector if demand remains weak: ACMA
ACMA President Deepak Jain said that auto industry body SIAM has already predicted an annual downturn of 35-40% due to COVID-19 situatio
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
Maruti Suzuki India records 86% slump in May sales
Domestic sales declined by 88.93 percent to 13,888 units last month