Page 6 - Auto Industry India
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
 "Maruti Suzuki reduces output for 7th straight month in Aug with 34% cut")
Mahindra and Mahindra's sales drop 25% to 36,085 units in August
The company had sold 48,324 units in the corresponding month last year, M&M said in a statement.
 "Mahindra and Mahindra's sales drop 25% to 36,085 units in August")
Chhattisgarh auto sales surge, backed by rural growth amid slowdown
A slump in sales across the country has plunged the sector into a severe crisis
 "Chhattisgarh auto sales surge, backed by rural growth amid slowdown")
Auto companies cut more jobs, halt production as India slowdown bites
Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.
 "Auto companies cut more jobs, halt production as India slowdown bites")
Maruti Suzuki seeks better lending terms for dealers amid liquidity crunch
As sales falter, banks tighten lending norms for auto dealers
 "Maruti Suzuki seeks better lending terms for dealers amid liquidity crunch")
'Part of the business': Maruti says 3,000 temporary jobs cut in slowdown
Maruti chairman R C Bhargava wants the government to reduce taxes to help the automobile industry
 "'Part of the business': Maruti says 3,000 temporary jobs cut in slowdown")
Slowdown impact: Ashok Leyland starts staff separation schemes to cut cost
The company had earlier said it was implementing cost-cutting measures to save around Rs 500 crore to mitigate the impact of slowdown in the market
 "Slowdown impact: Ashok Leyland starts staff separation schemes to cut cost")
Auto sector welcomes PM Modi's assurance on internal combustion engine cars
India's automobile industry is facing one of the most prolonged slowdowns in two decades. Sales have been in a slow lane for a year
 "Auto sector welcomes PM Modi's assurance on internal combustion engine cars")
Move over Mr Knight Rider, connected cars are finally arriving in India
5G-ready eSIMs will be a key enabler for the automotive sector as the era of connected vehicles dawns
 "Move over Mr Knight Rider, connected cars are finally arriving in India")
Eastern zone emerges fastest-growing market for auto firms; PV sales up 17%
The growth seen in the East was much higher than the national average growth of sub-8 per cent in FY18
 "Eastern zone emerges fastest-growing market for auto firms; PV sales up 17%")
India's Detroit 'struggles' as new states become growth drivers
The auto industry is at risk of taking on another characteristic of the American city - the demise of a manufacturing powerhouse
 "India's Detroit 'struggles' as new states become growth drivers")
Nitin Gadkari bats for alternative fuel, wants auto industry to innovate
There is economic viability in new technology. Let us plan for the next 25 years: Gadkari
 "Nitin Gadkari bats for alternative fuel, wants auto industry to innovate")