Page 38 - Automobile

September passenger vehicle sales dive 24% as slowdown persists: SIAM

Car and auto component makers have cut thousands of jobs and halted some production

Electric cars and the coming revolution

Just as it happened in the digital arena, electric and driverless cars are going to be disruptive for companies that resist change

Auto components maker Carraro relies on new tech to drive India business

The move will help the company to tide over the slowdown, said Alberto Negri, chief executive

Vehicle owners trimming cost per service, says JD Power study

Passenger vehicles sales in India have been on a decline for over a year

Volkswagen India to merge all subsidiaries under single company

The move comes as part of the company's ongoing Skoda-led gameplay for the country, analysts say

No need to ban petrol, diesel vehicles; EVs picking up pace naturally: Govt

Gadkari says all buses would be electric in two years

Auto crisis: FADA urges GST Council to take definitive decision on rate

Hero MotoCorp urged the Centre to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage

Crude shock: Rise in oil prices may deepen India's auto crisis, say experts

Spike in oil prices will translate into a matching or higher increase in fuel prices in domestic market

Maruti Suzuki blames increase in ownership cost for declining car sales

Company indulging in heavy discounts to get customers back

Concept cars gleam, but executive dread clouds Frankfurt Auto Show

A global downturn, technology shifts putting unprecedented pressure on automakers

Best of BS Opinion: Price cuts as good as tax cuts to boost a slow auto mkt

Here's a selection of Business Standard opinion pieces for the day

States rule out GST rate cut on automobiles amid grim revenue situation

Says slowdown in sector not linked to GST

Yes, there is a downturn in auto sector but who should do the fixing?

Instead of industry asking the government to address the income effect, the government should ask the industry to address the substitution effect

Slowdown blues: Auto sales down 23.5%, worst slump in two decades

Maruti Suzuki India posted 36.14% decline in its August sales at 93,173 units

Auto industry may have to wait longer for GST cut on cars from 28% to 18%

Will be a political call now; state finance ministers to decide on September 20

Used car market on growth track, but auto crisis casts a shadow

Analysts and industry representatives fear that the slowdown in new car sales could have a spillover effect on the used car market

Slowdowns are the nurseries of capitalism, says Asha Ram Sihag

Sihag also took a swipe on the industry for calling it an unprecedented slowdown

Maruti asks spare parts industry to make electronic components in India

The country's largest carmaker Maruti Suzuki India on Friday asked the components makers to start manufacturing vehicle electronics and certain key parts in India in order to cut imports of such articles. The local manufacturing of such parts would not only help Maruti Suzuki India (MSI), but also support the government's Make in India initiative, MSI MD and CEO Kenichi Ayukawa said while speaking at the ACMA annual convention here. "I have a challenge and an invitation to offer to you (components industry). The MSI car is over 90 per cent local, component-wise. But some key parts and electronics are areas where we still need to import. But we want to Make-in-India," Ayukawa said. If anybody can make electronic components and some key parts in India with quality and reliability, it will not only help MSI, but the entire Indian automobile industry, he added. Ayukawa said the best opportunity to win in the future lies in developing in-house research and development (R&D) ...

Motown crisis: Contract workers bear the brunt of slowdown in auto sector

The second of a three-part series on auto sector crisis talks of how some allege that layoffs are to put pressure on the Centre to reduce GST

'Best time to buy diesel car': Companies pitch offers as BSVI norms near

Ahead of the BSVI norms that take effect on April 1, 2020, passenger vehicle makers are pulling out all stops to woo the buyers in a bid to beat the price hike of 8-15 per cent on diesel models