Page 47 - Auto Industry
Hatchbacks getting souped-up engines
Maruti Suzuki and Tata Motors are launching powerful variants of Baleno and Bolt, respectively; both will produce peak power of more than 100bhp
 "Hatchbacks getting souped-up engines")
3-wheeler exports dip 46% after 10 yrs
Regulatory moves by Sri Lanka and Bangladesh, devaluation of Nigerian currency dent the market
 "3-wheeler exports dip 46% after 10 yrs")
Mitsubishi, Toyota recall 824,000 cars across Australia
Recall over a host of safety faults including defective headlights, airbags and possible fuel leaks
 "Mitsubishi, Toyota recall 824,000 cars across Australia")
Pursue FTAs in Africa, LatAm to push exports: Auto industry
It also seeks FTAs with Philippines, Myanmar, and Vietnam, and presses for tariff cuts on component imports from Saarc nations
 "Pursue FTAs in Africa, LatAm to push exports: Auto industry")
Scrapping policy to boost auto industry: Gadkari
Automobile industry's turnover is about Rs 4.5 lakh crore at present
 "Scrapping policy to boost auto industry: Gadkari")
Rise in auto sales bring back growth at auto component industry
ICRA expects the industry to clock 8-10% growth for FY17.
 "Rise in auto sales bring back growth at auto component industry")
Carmakers'exports overtake India sales
Carmakers such as Ford, GM, Nissan and Volkswagen are pursuing aggressive exports strategy as sales in India are tepid
 "Carmakers'exports overtake India sales")
Auto industry misses output target for FY16 by 18%
In the two-wheelers there was a shortfall of 42% with actual production in FY16 at 18.8 million units
 "Auto industry misses output target for FY16 by 18%")