Page 268 - Auto

In a first, Maruti Suzuki to lease 100 sales outlets to car dealers

Strategy will help expand reach, deploy surplus cash

Used commercial vehicle sales see uptick amid auto sector slowdown

On the other side, average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month

Slowdowns are the nurseries of capitalism, says Asha Ram Sihag

Sihag also took a swipe on the industry for calling it an unprecedented slowdown

Maruti asks spare parts industry to make electronic components in India

Maruti asks auto component industry to produce electronics, key parts in India to cut imports

Auto firms must take up GST rate cut demand with state FMs: Anurag Thakur

Minister of State for finance, Anurag Thakur said the government has already come out with slew of measures to address challenges faced by the auto industry

Auto sector problem 'minor', will be 'tackled and settled': Meghwal

The minister also said the government would also look into possibility of extending export incentives to the auto industry

Motown crisis: Spectre of job losses hangs over Gurugram, Manesar auto belt

More than a dozen factories have shut shop in past one year and job losses are estimated to be between 30,000 and 50,000

All major economies are experiencing a slowdown, says chairman of TVS Motor

We are hoping that by January-March quarter, we should see a revival in demand, says TVS Motor Chairman Venu Srinivasan

No intention to ban petrol, diesel vehicles: Gadkari tells auto industry

Mentioning that reducing pollution is in the national interest, Nitin Gadkari said that it was not correct to blame only vehicles for the problem of pollution

Motown crisis: Contract workers bear the brunt of slowdown in auto sector

The second of a three-part series on auto sector crisis talks of how some allege that layoffs are to put pressure on the Centre to reduce GST

Automobile dealers look for strategies to revive sales, arrest job losses

Auto sales have been declining for 13 straight months as a broader slowdown in the economy has crippled demand across the country

Auto industry stares at tough year due to transition to BS-VI norms: SIAM

'Auto industry, as we all have seen in the past eight months, has witnessed continuous de-growth and August being the worst at 30 per cent,' said SIAM's Rajan Wadhera

Motown crisis: Deafening silence at Pimpri-Chinchwad's auto parts units

The first of a 3-part series captures how declining sales and job losses have hit companies in Pimpri-Chinchwad, an automobile hub bordering Pune

From barbers to shopkeepers, many rural Indians are hurting from auto crash

Laid-off workers returning to their villages are putting more burden on a rural sector already suffering falling income from low crop prices, and dampening consumer sentiment and growth across India

Auto dealers unsure of a revival in consumer sentiment in festive season

A slump during the festive season would eliminate any chance of revival of the auto sector this financial year

Ashok Leyland meets BS-VI emission norms for all its heavy-duty vehicles

Company claims it is the first OEM to achieve this goal, way ahead of the April 1, 2020 deadline; LCVs and ICVs to follow suit shortly

TVS Motor domestic two-wheeler sales fall 20%; three-wheeler sales up 11%

However, the company said that the sales in August 2019 were 4 per cent higher than the sales of July, 2019 - 279,465 units

Ashok Leyland truck sales drops 70% in Aug; total M&HCV sales slide 63%

Light commercial vehicle sales dropped by 12% to 3,711 units in August 2019

Maruti Suzuki reduces output for 7th straight month in Aug with 34% cut

The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month, Maruti Suzuki India (MSI) said in a filing to the BSE on Monday

Automakers call for tax cuts as sales fall and analysts slash forecasts

Passenger vehicles sales in the country are set to fall for a tenth consecutive month in August.