Page 271 - Auto

Auto cos face structural issues, affordability a problem: Toyota Kirloskar

Kirloskar said while the government has done a lot of things such as increasing and improving roads,"Some things they have done, which I believe have created headwinds for auto sector."

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September

Bosch India to stop engine production to adjust with market demand

In August, the company had announced that it will temporarily stop production at its two plants separately during the month for a total of 13 days to "avoid unnecessary build-up of inventory"

Citroen starts leasing service in India, will partner with ALD Automotive

Citroen says C5 Aircross, the company's flagship SUV to be launched by the by end of 2020, and the strategic partnership in leasing will support its ambition to a leading carmaker in India

Car sales continue to slide in Sept despite heavy discounts and offers

Industry executives were optimistic about buyer enquiries, which have picked up, translating into sales as Diwali draws closer

Maruti to Tata, festive season fails to help passenger vehicle sales

Sales of mini cars comprising Alto and WagonR stood at 20,085 units as compared to 34,971 units in the same month last year, down 42.6 per cent

Tata Motors reports 48% sales decline in September at 36,376 units

The company had sold a total of 69,991 units in the same month last year, Tata Motors said in a statement

Toyota Kirloskar sales down 17% in Sept at 10,911 units; exports up 25%

Exports in September were at 708 units as against 566 units in the year-ago month

Maruti rides on Rs 3.69 lakh S-Presso to beat slowdown, repeat Alto magic

S-Presso is the company's first launch in the entry level segment after 2010

Better buying sentiment may fuel better sales over next few months: Maruti

Sales were better this month as compared with August and the company expects October volumes to be even better than September

Auto slowdown has no decipherable impact on Vedanta's performance: CEO

While reducing the cost of production to $1500 per tonne is our mid-term vision, we have given a guidance of $1725 to $1775 per tonne for the current fiscal

Festival bonanza: Two-wheeler firms go full throttle to chase customers

This is the last-ditch effort by automakers to shore up sales in a financial year that has been marked by poor purchases and production cuts

The elegant athlete: The all-new BMW 3 Series is both sporty and refined

The 330i is one of the most expensive sedans in its category, costing more than a competitor in the same class would

Maruti Suzuki slashes ex-showroom price of Baleno RS by Rs 100,000

The model now starts at a price of Rs 7,88,913 (ex-showroom Delhi)

Automakers may offer incentives to customers for scrapping old vehicles

Govt proposes manufacturers should bear the burden of discounts to push new CVs

Corporation tax cut: Toyota plans to bring key global suppliers to India

Toyota may set up a separate entity for electric, hybrid vehicles

Hyundai India net profit grows 21.5% in 2018-19 despite slow down

The company achieved its highest ever wholesale sales volume--of 52,001 units--in October 2018.

Tax cuts will attract FDI in manufacturing, benefit auto industry: Icra

Indian auto manufacturers have imported components worth $17.6 billion during 2019-20 (till now) and this is likely to increase further in 2020-21 given the transitionary phase towards stricter safety

Corporate tax rate cut may not benefit auto buyers, say analysts

Tax cut may not translate into a price cut for auto buyers as companies have been taking a hit by doling out discounts and incentives to boost sales in a dull market

Auto slowdown, uncertainity forces component industry to cut down capex

The component manufacturers have found themselves fighting the downturn with lower utilisation of existing capacity