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Auto plants in Maharashtra scale down operations to align with guidelines

Overall monthly production likely to be hit by 30-40%

Hospitals to set up Covid-19 centres in two 5-star hotels in Mumbai

42 rooms in Hotel Trident, BKC and Hotel Inter Continental at Marine Drive requisitioned already, more facilities being identified

Financiers buy into India's used car business amid uptick in demand

An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs

Hotel industry braces for tougher months ahead amid localised lockdowns

The recovery seen during the past two quarters is set to be disrupted

Hotels in Mumbai may turn Covid centres as BMC looks to meet bed shortage

Mumbai had nearly 10,000 Covid-19 cases on Sunday and is among the top ten worst affected districts in the country. It has over 91,000 active cases and spike is causing a strain on its health infra

Covid-19 pandemic washes out 6 years of growth in auto sales: SIAM data

The decadal growth in the auto industry has now slowed from 12.8 per cent to 1.8 per cent, indicating there is a lot more to the slowdown

India auto sales down 13%, industry retreats by six years in pandemic

Companies sold a total of 18,615,588 of automobiles in FY21, lowest since FY15: Association.

Vehicle registration fall 28.64% YoY in March despite low base: FADA

Dealer body warns of catastrophic impact of Maharashtra lockdown on sales

French carmaker Citroen drives into India with Rs 29.9-lakh C5 Aircross SUV

In a first, company to deliver car at customer's doorstep from the factory

Vehicle scrapping: M&M inks agreement with Mahindra MSTC Recycling

Mahindra MSTC is into acquiring used/end-of-life vehicles for dismantling and scrapping. The pact will enable M&M customers to get a hassle free and transparent deal under one roof

The second wave: Migrant crisis looms again as Covid-19 curbs expand

Lack of business to hit payouts, pushing people out of jobs and cities

Airlines, hotels stare at uncertain future amid new curbs in Maharashtra

Tightening of travel restrictions and introduction of RT-PCR tests by more states had led to a near flat air traffic growth in Feb and demand will be dented further due to new curbs in Maharashtra.

Primary focus on scaling up existing units: M&M MD & CEO Anish Shah

Anish Shah says the exercise of exiting loss-making international subsidiaries is almost done

Last year's low base puts March sales of two-wheelers in top gear

Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago

TeamLease estimates EV charging stations to create 10,000-12,000 jobs

At least four metros and four cosmopolitan cities are likely to have 60 charging stations each in the first phase, says manpower consulting firm

Tata Motors passenger vehicles segment ends fiscal 2021 on strong note

Company's SUVs and car sales see a record 422% YoY y jump in March

Mahindra merges EV business with itself for simplifying business structure

Company says consolidation would categorize EV operations in two verticals, help in unlocking shareholder value.

Anish Shah to take over as MD and CEO of M&M next month, company says

Finance veteran will be the first in Mahindra's history to have complete oversight of group when Anand Mahindra becomes non-executive chairman.

Mercedes-Benz rolls out A-Class limo to woo first-time luxury buyers

The A-Class launch is one of the 15 models Mercedes plans to launch this calendar year as it seeks to consolidate its leadership position in a market that has been stuck in the slow lane.

Wait for car models gets longer as chip shortage deepens in industry

Car dealers are losing 20 per cent of their monthly sales as models can't be supplied on time, says industry association.