Page 37 - Automobile

Maruti confident on BSVI, CNG models to make up for its exit from diesel

Auto market leader announced in June it was exiting diesel segment

Driven by festive sentiment, PV retail sales up 1% in November: FADA

Commercial vehicle sales, however, declined 8 per cent to 77,394 units as compared to 84,040 units in November last year

Passenger vehicle production up 4%, signaling potential recovery in sector

Sales of passenger vehicles were only marginally lower in November at 263,773 vehicles, compared with 266,000 vehicles last year

Skoda's 2019 sales to fall to 15000 units as economic slowdown hurts demand

The company had sold 17,000 cars in 2018, Skoda Auto India Private Limited director (sales, service and marketing) Zac Hollis said

Ashok Leyland plans up to 12 non-working days in sixth such move since July

The company has been suffering a massive and sustained drop in CV sales due to weak offtake brought on by economic slowdown

Ashok Leyland announces non-working days for December as demand falls

The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown

Fiat Chrysler Automobile India appoints Partha Datta as president and MD

Datta has assumed the charge of the new position from September 4

Fiat's US complaint poses roadblock to import of Mahindra's Jeep knock-off

Mahindra faces accusation of infringing iconic Jeep designs

Global Mobility Summit: Champion idea of clean kilometres, says PM Modi

Given India's low car penetration, the country offers a unique opportunity to come up with a sustainable solution which can be emulated by others

High festive-season discounts bring much-needed respite to auto dealers

Retail sales of passenger vehicles - largest component of the pie - jumped 11% in Oct

Auto sector slowdown a cyclical issue; govt taking steps: Prakash Javadekar

Minister of Heavy Industries and Public Enterprises Prakash Javadekar said the sector is facing a prolonged downturn due to various reasons

Amid slowdown, steel companies reduce prices for automakers by 14%

A steel producer said lower prices would hopefully support the auto sector

Mahindra group going slow on niche-segment hiring as auto slowdown bites

'Fresh hiring will be limited. If a huge growth comes then we have to do a lot of hiring', the company said

Auto slowdown: Component makers, vehicle manufacturers differ on recovery

Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year

Auto slowdown: Component makers, vehicle manufacturers differ on recovery

Passenger vehicle (PV) sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year

Nifty Auto index falls 2% in two days after rallying 13% in October

Maruti Suzuki India, Hero MotoCorp and TVS Motor Company slipped 2 per cent each, while M&M, Eicher Motors, Bajaj Auto and Ashok Leyland were each down 1 per cent today.

Some festive boost for automobile sector, but the cheer is missing

Car sales decline due to increase in retail sales in festive season, Maruti sales rebound to growth

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

Toll collections hit roadblock as traffic tapers due to auto slowdown

Experts say while traffic and toll collection will take a hit in FY2020, toll rates may also not rise much in FY2021 due to a lower WPI

Automotive sector becomes the new sweet spot for IT services firms

Most of the IT services players are seeing a spike in demand from the sector.