Page 81 - Automobile Industry

64% of India's GenZ questions need to own a car: Deloitte global survey

The study also dwells on consumer preference with regard to data privacy and the money Indian buyers are willing to spend on connected vehicles.

Kia Motors eyes full capacity utilisation in India with slew of new models

Kia Motors' manufacturing facility in Andhra Pradesh has an installed production capacity to roll out 3 lakh units per annum on a three shift basis.

Toyota expects auto sales momentum to pick up in third quarter of FY20

The company, which had recently launched the BS-VI version of its popular multi-purpose vehicle Innova Crysta, said it will be rolling out diesel variants of other models by the end of February

Renault sales up 7.9% to 88,869 units in 2019, market share at 5.1% in Dec

Renault ranked amongt the top 5 auto brands in November and December.

India Inc is traveling in top gear even in the shadow of a slowdown

What makes companies invest, hire and expand their capacities when the economy teeters under the pressure of a prolonged downturn

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year

After a tough year, auto industry hopes for smooth drive from H2 2020

The government incentives to buy vehicles and steps taken to address liquidity crunch, economic growth and infrastructure spending would boost the auto industry's prospects

Gadkari urges automobile manufacturers to develop biofuel-based vehicles

The minister called for switching over to FASTags so that vehicular movement at NHAI toll plazas becomes faster and smooth

Cars to get pricier in new year: Maruti announces price hike amid slowdown

Primary steel producers in the domestic market have raised product prices by 2.5 to 3 per cent for December to address margin compression and in anticipation of a demand pick-up

CV sales drop 17% in November on slowdown, delay in infra projects

Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing

M&A in auto sector up 73% to $449 million in CY19 despite slowdown

Growth led by $275 million Mahindra-Ford deal, domestic volumes cross $100-million mark first time since 2017 to touch $141 million

'Ride shock' awaits car buyers waiting for better offers ahead of BSVI

The discounts that were available on cars last month continue this month - but they are lower

Auto sector may spend Rs 17,000 cr on capex till FY21 despite slowdown

Projected capex will largely be towards BSVI transition, international expansion

Modernising the commercial vehicles fleet

The development of a sustainable replacement demand requires a comprehensive end of life policy for CVs

Moped sales fall 25.58% in April-Oct as rural India demand dries up

TVS Motor Company, the only company in India to manufacture mopeds, said exports dropped by nearly 40 per cent.

Vehicle sale falls to 11.7 million in Apr-Sep on cyclic slowdown: Govt

Passenger vehicle in terms of wholesale had declined for the 11th consecutive month in September

Fintech firms hire 700,000 people who lost jobs in slowdown-hit sectors

The tenure of such jobs is about 6-8 months, with Amazon and Flipkart creating the primary demand for labour

Parliamentary panel to study automobile industry slump, seek revival steps

Committee overseeing work of the Ministry of Heavy Industries and Enterprises to explore a new format.

Auto firms' warehouse leasing down amid vehicle sales slump: JLL India

According to JLL data, total warehousing leasing stood at 24.1 million square feet during January-September

Automobile slowdown: Number of vehicles crossing toll gates slowing

While traffic and toll collection will take a hit in FY20, toll rates may not rise much in FY21 owing to a lower wholesale price index (WPI)