The recovery in the automobile industry has been faster than expected. Jefferies says personal vehicle and two-wheeler registrations have held up well in recent weeks.
Tata Motors has announced various deals and easy financing schemes for the Tata Nexon. Check out the details
August witnessed some recovery in sales sequentially although on a year-on-year (YoY) basis all categories, except tractors, reported de-growth.
Even though a sharp uptick is not expected across the segments, brokerages highlight that some positive momentum was seen in demand during August.
Energy Efficiency Services Limited (EESL) has set up the public charging plaza for EVs, the first one in India, in collaboration with the New Delhi Municipal Council (NDMC).
We weigh more than our grandparents. Ergo, our cars weigh more too
Vehicle sales in June climbed to 50 percent of pre-COVID levels, while dealers reported a surge in online inquiries.
The impact of an India boycott on the Chinese economy is insignificant; while for India, such a boycott means a losing game
Indian businessmen are characterised by a myopic vision—it’s both, short-term outlook as well as geographically limited. Of course, the government also does not help.
The ministry has earlier issued an advisory on March 30, 2020 to all regarding extension of validity of the documents related to Motor Vehicles Act, 1988 and Central Motor Vehicle Rules, 1989.
Hinduja Group flagship firm Ashok Leyland on Thursday said the resumption of operations remains a challenge for the automobile industry despite the government's permission to do so
PV exports stood at 6,77,311 units in the last fiscal as against 6,76,192 units in 2018-19, a marginal growth of 0.17 per cent.
Kia Motors Corp told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports
The pandemic has taught us the pitfalls of depending on other countries to meet our essential supplies. This is an opportune moment to focus and boost the Make in India programme
Hyundai had launched a pilot phase of the initiative with few dealers of Delhi-NCR in January 2020.
Investors will not be distracted by the question of how companies manage the transition to BS-VI in FY21
EV infrastructure development and local manufacturing need sustained focus to ensure any meaningful change on the ground.
Chief Executive Warren East said Rolls would spend more on parts and replacement engines to reduce the time aircraft are grounded while turbine blades are replaced.
The proactive inspection and replacement of the component would be carried on a limited batch of compact SUV that were manufactured till May 19, 2019.
According to JLL data, total warehousing leasing stood at 24.1 million square feet during January-September out of which share of auto and ancillary was only 3 percent.
Automobile sales paint a dark picture of the sector's health, earnings may be downgraded to be in touch with the ground reality
A swappable battery could be stocked at the conventional petrol pump. The customer would just drive in, surrender his old battery, get a new one, with the residual energy in the old battery adjusted against the price of the new one
Perhaps the most important reason for not giving a tax sop to the automobile industry is the technology it is based on, the internal combustion engine, is headed for a sunset.
GDP growth slows to 5 percent in April-June 2019. Delayed onset of monsoon in June and muted construction activity because of Lok Sabha elections also weighed