80% of vehicle sales are in those segments, says the country's G20 Sherpa as he hails 'electric revolution'
Goyal's remarks disconcerted automakers and their suppliers.
It should 'localise smallest of the components' and invest in new technology, says business leader
Says manufacturers' financial clout has led to inequitable contracts between the two
Airline to offer premium economy class
The overall dealer satisfaction index improved from 657 points last year to 719 points this year, the study noted
Three-wheelers' domestic sales jumped from 23,606 units in August last year to 38,369 units in August this year, Siam noted
MBSI has 3,300 units in its fleet and it expects to grow up to 9,500 units by the end of this year, Shiraishi told Business Standard in an interview.
FADA represents over 15,000 automobile dealers having 26,500 dealerships across India
The deliveries of XUV400 are scheduled to begin from the end of January next year
Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, Bhatia's camp owns 38.17%
SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, Rs 998 crore and Rs 1,725 crore in FY19, FY20, FY21 and FY22, respectively
Says product portfolio in line with customer's choice for SUVs, non-committal about sales volume; Hyundai's best show so far was in 2018 at 550,002 units
Company will raise money for the project by taking debt and through equity sale, he says
During the peak of the Covid pandemic, Indian carriers had cut the salaries of their employees to reduce losses. This year, while most of them have restored the salaries, a few are yet to do so
Air India's on-time performance at four metro airports -- Bengaluru, Delhi, Hyderabad and Mumbai -- was 83 per cent in July: DGCA
The airline has been making losses for the last 4 years. Moreover, it is currently operating less than 50% flights, following the July 27 order DGCA in the wake of a spate of incidents.
Boeing said on Thursday that India has on average 23 million people travelling using trains daily and even if one per cent of them shift to the aviation market, the air traffic will double
Cumulative dispatches at India's top seven passenger vehicle makers rose 30.2% year-on-year to 329,300 units from 260,450 units, shows the monthly sales data released by the companies on Thursday
Company says its performance is a good sign for the Indian automotive market