The Federation of Automobile Dealers Associations (FADA) has written to Prime Minister Narendra Modi seeking immediate financial support from the government for the ailing sector amid the nationwide lockdown due to coronavirus pandemic
The country's largest carmaker Maruti Suzuki India has decreased production by 32.05 percent in March, according to a regulatory filing by the company
Hyundai Motor India Limited (HMIL) on Wednesday said it has integrated its entire sales network of over 500 dealerships across the country with its recently introduced online sales platform
Coronavirus Outbreak: Supply chain shock will have negative impact on Indian auto component sector: ICRA
Rating agency ICRA on Friday said the supply chain shock due to the coronavirus pandemic will have a negative impact for Indian auto component industry
Coronavirus Outbreak: S&P downgrades Tata Motors ratings, outlook stable; cites weaker-than-expected credit metric
S&P Global Ratings has downgraded Tata Motors to more vulnerable to non-payment grade 'B' citing weaker-than-expected credit metrics owing to the disruptions and economic impact from the coronavirus pandemic
Terming the coronavirus pandemic as a "crisis of a magnitude that we have never faced before" Mahindra Group Chairman Anand Mahindra on Thursday asked employees of the conglomerate to use the lockdown period to relook at the personal and professional way of life to prepare for the future and to serve the "post corona world"
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 47 percent decline in sales at 83,792 units in March
Ford said the simplified ventilator design, which is licensed by GE Healthcare from Florida-based Airon Corp and has been cleared by the Food and Drug Administration, can meet the needs of most COVID-19 patients and relies on air pressure without the need for electricity.
Bajaj Auto announces temporary shutdown of manufacturing facilities; implements work from home for office staff
Bajaj Auto has banned international travel in February and by early March banned all travel, cancelled physical meetings and implemented work from home.
Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.
Automobile dealers' body approaches SC seeking extension of sale, registration of BS-IV vehicles till May-end
Automobile dealers' body FADA on Tuesday said it has filed an application with the Supreme Court seeking an extension of sale and registration of BS-IV vehicles till 31 May, 2020 -- an extension of two months from March-end deadline to clear the stock of such models
Hyundai sees silver lining in coronavirus pandemic as consumers opt for safe personal transportation
Amid the gloom surrounding coronavirus pandemic, South Korean auto major Hyundai sees a silver lining for the slowdown-hit auto industry in India as consumers seek isolated mode of transportation at a time when it is also preparing to ramp up online sales of vehicles, according to a senior company official
Vehicle production across all categories is likely to be critically hampered due to the coronavirus outbreak in China as many automakers in India import about 10 percent of their raw materials from the neighbouring nation, auto industry body SIAM said on Wednesday
With several state governments issuing circulars to end registration process for BS-IV vehicles much before 31 March, 2020, and the fear of coronavirus keeping buyers away from showrooms, automobile dealers fear that they would not be able to liquidate the BS-IV inventory before the month-end deadline
The Geneva International Motor Show, one of the oldest and prestigious automotive exhibitions across the globe has been cancelled.
Automobile dealers' body FADA on Thursday said passenger vehicle (PV) retail sales in January declined 4.61 percent to 2,90,879 units as compared to same month last year, hit by tepid response by end customers
Indian auto industry to be negatively impacted, supply chain disrupted if coronavirus persists: ICRA
India's automobile industry is likely to be negatively impacted and supply chain disrupted if the coronavirus (COVID-19) outbreak in China and South-East Asia persisted longer, according to ratings agency ICRA
Bajaj Auto on Thursday reported 8.33 percent increase in consolidated net profit at Rs 1,322.44 crore in the third quarter ended 31 December, 2019
Honda Cars initiates voluntary retirement scheme for Greater Noida plant workers to increase productivity, efficiency
Auto major Honda Cars India on Wednesday said it has initiated a voluntary retirement scheme (VRS) for its manufacturing line associates at Greater Noida plant in Uttar Pradesh order to increase productivity and efficiency
Maruti Suzuki Q3 consolidated net profit rises 4.13% at Rs 1,587 cr; revenue up by 5.29% to Rs 20,722 cr
The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 4.13 percent rise in consolidated net profit at Rs 1,587.4 crore for December quarter 2019-20