auto slowdown

IndusInd Bank: On path to recovery or yet stuck in an abyss?

IndusInd Bank: On path to recovery or yet stuck in an abyss?

In its recently held analyst meet, the company highlighted its strategy on multiple fronts, including unlocking value from its merger wit...Read More

Still blaming millennials? Moody's says India's steel demand to slow due to weak auto, manufacturing order

Still blaming millennials? Moody's says India's steel demand to slow due to weak auto, manufacturing order

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018

Auto Slowdown: New passenger vehicle launches to provide limited respite to OEMs: Ind-Ra

Auto Slowdown: New passenger vehicle launches to provide limited respite to OEMs: Ind-Ra

Mumbai: Against the backdrop of declining volumes of passenger vehicles, India Ratings and Research (Ind-Ra) has said that new model laun...Read More

Maruti Suzuki cuts production for 8th straight month in September

Maruti Suzuki cuts production for 8th straight month in September

New Delhi: Reeling under a prolonged slowdown, Maruti Suzuki India (MSI) reduced its production by 17.48 per cent in September, making it...Read More

Smallcap stocks plunge upto 15.42% so far in FY20

Smallcap stocks plunge upto 15.42% so far in FY20

New Delhi: Smallcap and midcap indices of the BSE have tumbled up to 15.42 per cent so far this fiscal, taking bigger hit when compared t...Read More

India’s Auto sales see worst-ever fall in August

India’s Auto sales see worst-ever fall in August

New Delhi: Automobile sales in India witnessed its worst-ever drop in August with despatches in all segments, including passenger vehicle...Read More

Kiran Mazumdar Shaw seeks measures to save 50% of manufacturing jobs in the country

Kiran Mazumdar Shaw seeks measures to save 50% of manufacturing jobs in the country

New Delhi: Biocon Chairperson and Managing Director Kiran Mazumdar Shaw on Monday said measures are required to save jobs in automotive s...Read More

After Maruti, now Ashok Leyland announces non-working days at five plants

After Maruti, now Ashok Leyland announces non-working days at five plants

Chennai: Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following...Read More

Suzuki Motor India to adopt a wait and watch strategy on fresh investments due to slowdown, BS-VI norms

Suzuki Motor India to adopt a wait and watch strategy on fresh investments due to slowdown, BS-VI norms

New Delhi: Suzuki Motor India Pvt Ltd has decided to hold back its planned investments on capacity enhancement due to the ongoing slowdow...Read More

MoS Finance Anurag Thakur heckled at ACMA event

MoS Finance Anurag Thakur heckled at ACMA event

New Delhi: Minister of State for Finance Anurag Thakur was heckled at an ACMA event on Friday after he asked auto industry players why sa...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

Amid auto slowdown, Maruti announces two day shutdown at Haryana plants

Amid auto slowdown Maruti announces 2 day shutdown at Haryana plants

New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) today said it has decided to suspend production at its Gurugram and M...Read More

Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

New Delhi: In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loa...Read More

Tata’s JLR to shed 4,500 jobs worldwide amid slumping sales in China, Brexit concerns

Tata’s JLR to shed 4,500 jobs worldwide amid slumping sales in China, Brexit concerns

London: Jaguar Land Rover, owned by Indian conglomerate Tata Motors, on Thursday announced around 4,500 job cuts worldwide after the Brit...Read More

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