Auto sector

June quarter results of auto companies likely to be "dismal": Report

June quarter results of auto companies likely to be "dismal": Report

"Q1FY21 is expected to be one of the worst quarters for the Indian auto industry due to a sharp decline in volumes amid COVID-19," Jeffer...Read More

FY21 auto retail sales feared to crash by 25 to 45%

FY21 auto retail sales feared to crash by 25 to 45%

Accordingly, the auto sector is bracing for the mega impact with estimates ranging from 25-45 per cent deceleration in retail sales in a ...Read More

Auto sector's domestic sales still at historic lows, exports down

Auto sector's domestic sales still at historic lows, exports down

The pandemic has not only devastated domestic retail sales but has now put a major proportion of jobs dependent on the sector in jeopardy.

Auto industry may cut R&D spending, exit unprofitable segments due to coronavirus pandemic: Deloitte

Auto industry may cut R&D spending, exit unprofitable segments due to coronavirus pandemic: Deloitte

The reduction in R&D activities may impact progress made in the alternative fuel technologies till now, the report noted.

Despite govt permission, resumption of operations remains a challenge for the auto sector: Ashok Leyland MD

Despite govt permission, resumption of operations remains a challenge for the auto sector: Ashok Leyland MD

Hinduja Group flagship firm Ashok Leyland on Thursday said resumption of operations remains a challenge for the automobile industry despi...Read More

Eicher Motors – Can the King make a comeback?

Eicher Motors – Can the King make a comeback?

Past performances set a huge benchmark which the company now finds difficult to beat

Teji Mandi: Let the coronavirus lockdown not hamper the Rabi season

Teji Mandi: Let the coronavirus lockdown not hamper the Rabi season

There has been a lot of buzz about the extension of the lockdown. The government should be a little cautious and lift restrictions. This...Read More

Teji Mandi: Stock markets show strength; Autos lead the rally

Teji Mandi: Stock markets show strength; Autos lead the rally

With healthy buying in the last hour, the markets closed near the day's high. Today's session could be called a real good one for the mar...Read More

HMSI doesn't expect revival in auto sector in near term

HMSI doesn't expect revival in auto sector in near term

Speaking after the launch of company's third BS-VI compliant product, the 110-cc Activa 6G scooter, on Wednesday

‘No threat of job losses in auto sector’: Minister tells Rajya Sabha

‘No threat of job losses in auto sector’: Minister tells Rajya Sabha

New Delhi: There is no threat of job losses in the automobile sector and no reason for worry, Minister of State for Heavy Industries Arju...Read More

Maruti Suzuki's sales fall by 24% in September

Maruti Suzuki's sales fall by 24% in September

Slowdown in auto sector continues

GST rate has a role in auto sector slowdown

GST rate has a role in auto sector slowdown

Now, consider a giant black bumblebee, with its strong wings flapping so fast that it can remain suspended in space without moving for wh...Read More

Continuance of slowdown could lead to more job losses, social consequences: Auto industry

Continuance of slowdown could lead to more job losses, social consequences: Auto industry

New Delhi: Seeking urgent stimulus from the government in the form of GST reduction, the auto industry on Thursday cautioned that if the ...Read More

Auto sector yet to witness any impact of the govt measures on the ground situation: FADA

Auto sector yet to witness any impact of the govt measures on the ground situation: FADA

New Delhi: The recent measures announced by the government to help auto industry overcome the ongoing slowdown is yet to take effect at g...Read More

Auto sector hails booster dose

Auto sector hails booster dose

While welcoming the overall steps announced, Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera said it would awai...Read More

Measures to boost auto sector, boost demand

Measures to boost auto sector, boost demand

Amid a deepening distress in the auto industry, the government on Friday announced several relief measures including deferring one-time r...Read More

Nirmala Sitharaman announces relief measures for auto sector

Nirmala Sitharaman announces relief measures for auto sector

Finance Minister Nirmala Sitharaman allowed government departments to purchase new vehicles to replace old ones

ACMA fears 10 lakh job losses, seeks government stimulus for auto sector

ACMA fears 10 lakh job losses, seeks government stimulus for auto sector

Industry body ACMA on Wednesday said around 10 lakh jobs could be on the line if the prolonged slowdown in the automobile industry contin...Read More

By putting rural infrastructure on priority, FM has brought relief for Auto industry

By putting rural infrastructure on priority, FM has brought relief for Auto industry

Automobile industry has been showing a downsizing graph for quiet a while now. It is this reason why the FM has thought about investing i...Read More

GST return filing dates extended, no relief for auto, realty sector

GST return filing dates extended, no relief for auto, realty sector

In a major relief to trade and businesses, the GST Council, in its first meeting after the Modi government came back to power, extended t...Read More

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