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Some moderation in PV sales growth 'very natural': Hyundai India COO Garg

As car demand slows in India, dealer stock levels across the entire industry have surged to alarming heights. Garg, however, indicated that the situation is under control at HMIL

Slight improvement, but airlines continue to struggle with punctuality

SpiceJet, which has been dealing with major financial difficulties, was at the bottom of the chart, recording an average daily OTP of just 49.85 per cent, as per the ministry's data

Air India's low-cost airline Air India Express posts Rs 163 cr loss in FY24

While the company's total income increased by 33 per cent year-on-year (Y-o-Y) to Rs 7,600 crore in FY24, its total expenditure grew by 38.3 per cent to Rs 7,763 crore in the same period

Appreciate Centre's 'clear stand and focus' towards electric cars: Mercedes

The German firm launched its top-end Maybach EQS 680 SUV, the first electric Maybach car to be launched in India

Hybrid cars, Suzuki tie-up drive up Toyota Kirloskar profit 3x in FY24

Toyota owns 89 per cent in TKM, while the remaining 11 per cent is owned by Kirloskar Systems Private Limited

Air proximity incidents have reduced by 25% in 2 years, says DGCA

The DGCA said that the number of plane landings through "unstabilised approaches" per thousand such approaches has decreased by 23 per cent and met the target

The road ahead: Steel recycle mandate for automakers on the anvil

Starting FY26, at least 8% steel used in vehicles sold 20 yrs ago may have to be reprocessed

48% tax on hybrid cars and 5% on EVs to stay for long: Amitabh Kant

Major car makers such as Maruti Suzuki India and Toyota Kirloskar Motor have been asking for lowering of taxes on hybrid cars

Kia tops Fada's overall customer experience index in mass-market space

In the luxury segment, Audi takes the top spot

Maruti slashes prices of Alto K10, S-Presso variants amid drop in sales

In August alone, MSIL sold a total of 10,648 units of the two mini cars, recording a drop of 12.8% Y-o-Y

Bumpy ride: High stock, low demand drive domestic car sales down 2-3%

Domestic car wholesales saw a decline for a second straight month in August

Cabinet clears SIA's investment in Air India; Vistara to sunset on Nov 11

Vistara will maintain its aircraft, schedule, operating crew under its brand name until early 2025

Italian carmaker Maserati banking on entrepreneurs to drive India story

Maserati, which currently operates just a single dealership in India, sold less than 50 cars in the country in 2023

DGCA cracks the whip on 3 airlines; SpiceJet under 'enhanced surveillance'

SpiceJet, Akasa Air, Air India Express under fire for lack of safety standards, failing to compensate passengers

Honda Shine revs past Bajaj Pulsar as second best-selling motorcycle

Unicorn's sales swelled 117.6 per cent Y-o-Y to 163,090 units in the January-July period this year, making it the ninth best-selling motorcycle model in the country

Cash crisis: SpiceJet puts 150 cabin crew on furlough for 3 months

The airline, which has been making losses for the last six years, has been finding it difficult to pay employee salaries, sources mentioned

Noida airport to finish calibration, validation of flights by December

A calibration flight for a new airport verifies and fine-tunes navigation aids, runway lighting, and airspace, ensuring safety and accuracy before commercial operations commence

Co-founder Rakesh Gangwal to further pare down his stake in IndiGo

3.8 per cent stake for Rs 7.1k crore on sale via block deals: Sources

Will have 10 days' dealer stock by year-end: Maruti Chairman R C Bhargava

Currently, Maruti dealers hold inventory for 38 days

Airfares rise as competition fades on domestic routes, shows data

Competition present on only 31% of domestic routes in April 2024, data show