Auto sector

Reward those using clean fuels; subsidise conversion kits to encourage green alternatives, govt urged

Reward those using clean fuels; subsidise conversion kits to encourage green alternatives, govt urged

With the government imposing a green tax on old polluting vehicles, Indian Auto LPG Coalition (IAC) is advocating the need for this deter...Read More

TVS Motor Company registers sales of 238,983 units in April

TVS Motor Company registers sales of 238,983 units in April

TVS Motor Company registered sales of 238,983 units in April 2021 as against 9,640 units in April 2020. Domestic sales in April 2021 is l...Read More

COVID-19 surge: MG Motor India to shut Halol mfg unit for 7 days

COVID-19 surge: MG Motor India to shut Halol mfg unit for 7 days

As the second wave of the pandemic sweeps across the country, MG Motor India on Tuesday said it will shut its manufacturing unit at Halol...Read More

Tata Motors biz plan to ensure optimal levels of inventory levels with dealers

Tata Motors biz plan to ensure optimal levels of inventory levels with dealers

Automobile major Tata Motors said the lockdown enforced in various parts of the country is expected to impact vehicle demand temporarily...Read More

Lockdowns, curfews will impact business, economy, says Maruti Suzuki head R C Bhargava

Lockdowns, curfews will impact business, economy, says Maruti Suzuki head R C Bhargava

The rising number of COVID-19 cases in India and a number of states responding to the pandemic with announcement of restricted lockdowns ...Read More

Maersk launches double-stacked train service for auto sector

Maersk launches double-stacked train service for auto sector

Denmark-headquartered integrated container company Maersk on Tuesday announced the launch of a dedicated weekly double-stacked train serv...Read More

General Motors lays off over 1,400 workers at Pune plant; no new cars manufactured for 4 months

General Motors lays off over 1,400 workers at Pune plant; no new cars manufactured for 4 months

Citing COVID-19, General Motors India has laid off 1,419 workmen at its Talegaon plant near Pune by invoking section 25 of the Industrial...Read More

Teji Mandi Explains: Auto demand remains buoyant in March, rising COVID-19 cases biggest threat

Teji Mandi Explains: Auto demand remains buoyant in March, rising COVID-19 cases biggest threat

Despite the rising number of COVID cases, automobile sales remained strong in March. While passenger vehicles have emerged strong, the tw...Read More

Teji Mandi: Positive momentum in February for auto sector

Teji Mandi: Positive momentum in February for auto sector

The initial trends suggest that demand for autos continued to remain elevated in February despite the rising prices of petrol and diesel....Read More

Acute shortage of semiconductors: Why India should see it as an opportunity?

Acute shortage of semiconductors: Why India should see it as an opportunity?

Semiconductor shortage is turning into an acute issue. Due to it, the growth prospects of the auto industry are once again in jeopardy. T...Read More

Auto sector going through long-term structural slowdown: SIAM

Auto sector going through long-term structural slowdown: SIAM

Automobile industry in India is going through a long-term structural slowdown as the compound annual growth rate (CAGR) across all major ...Read More

Teji Mandi: Three things investors should know on January 28, 2021

Teji Mandi: Three things investors should know on January 28, 2021

Positivity returns in the auto sector: The pandemic had forced the auto sector to take salary cuts to survive the dark times. But, with s...Read More

Teji Mandi: For automakers, sentiments improve as buyers return to showrooms

Teji Mandi: For automakers, sentiments improve as buyers return to showrooms

Vehicle demand went through several structural changes over the last few years. Economic slowdown before the pandemic kept the sentiments...Read More

Long, steady auto demand depends on economy, COVID-19 situation: Maruti Suzuki

Long, steady auto demand depends on economy, COVID-19 situation: Maruti Suzuki

"The auto industry was expecting a large decline in consumer interest in terms of bookings and inquiries. Although there has been a decli...Read More

Sequential rise in Sep auto retail sales, PV segment back in green

Sequential rise in Sep auto retail sales, PV segment back in green

The Federation of Automobile Dealers Associations data showed that vehicle registration in September rose to 13,44,866 units from 11,88,0...Read More

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

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