Page 18 - Automotive Industry

Auto sales in August to be 'far worse' than July, analysts expect 30% fall

At present, the sector has been impacted by a consumption slowdown which is a culmination of several factors like high GST rates, farm distress, stagnant wages and liquidity constraints

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

Maruti Suzuki seeks better lending terms for dealers amid liquidity crunch

As sales falter, banks tighten lending norms for auto dealers

Auto parts industry fears 1 million jobs could be at stake due to slowdown

The Automotive Component Manufacturers Association of India (ACMA), which represents the auto component industry that alone employs around 5 million people

28% automotive firms started new business based on digital tech: Report

Only 19 per cent believe their digital platforms allow them to reach customers who would not be reached through traditional approaches