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No relief in sight for automakers: Global semiconductor shortage likely to last until end-2022, says Arm CEO
The semiconductor industry is currently investing some $2 billion per week, which will eventually lift production by 50 percent, but supply is set to remain tight in the near term.
Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%
The country’s largest carmaker Maruti Suzuki India (MSI) on Monday reported a 86.23 percent decline in total sales at 18,539 units in May
Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales
Toyota Motor Corp said on Tuesday it expects profit to drop by 80 percent to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles
Markets end week with gain of 7%: Sensex soars 997 points to end at 33,717, Nifty surges to 9,860; Tata Motors, ONGC major gainers
The NSE Nifty 50 index ended 3.2 percent higher at 9,859. The index was up 7.7 percent this week.
Evidence of coronavirus' effect on US economy grows more ominous, will shrink 7% in 2020, predict economists
Retail sales—a primary driver of the US economy—are almost surely suffering further during April because business shutdowns will have been in effect for the entire month, compared with just half of March
Coronavirus Outbreak: Auto sector hit by COVID-19; domestic passenger vehicle sales drop 51 percent in March
FADA has written to Prime Minister Narendra Modi seeking relief measures to deal with the effects of the coronavirus pandemic.
Coronavirus Outbreak: Tata Motors total vehicle sales down nearly 83% in March to 12,924 units
Tata Motors on Wednesday reported a 82.69 percent decline in total sales to 12,924 units in March
Domestic car sales decline by 8.4% to 1.42 lakh units in December; two-wheeler sales down 17%: SIAM
Domestic passenger vehicle sales declined 1.24 percent to 2,35,786 units in December from 2,38,753 units in the year-ago period
Bajaj Auto's domestic sales down 15% to 1,53,163 units in December; exports up 13%
Bajaj Auto on Thursday reported a 3 percent decline in total sales at 3,36,055 units in December 2019
Ashok Leyland's commercial vehicle sales decline by 28% to 11,168 units in December
Hinduja flagship firm Ashok Leyland on Thursday reported 28 percent decline in total commercial vehicle sales at 11,168 units in December
Maruti Suzuki, M&M post rise in domestic auto sales in December; Hyundai, Toyota witness negative growth
The country's largest carmaker Maruti Suzuki India and Mahindra & Mahindra on Wednesday reported rise in their domestic sales in December, even as Hyundai and Toyota posted negative growth
Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM
Vehicle sales across categories registered a decline of 12.05 percent to 17,92,415 units from 20,38,007 units in November 2018
Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%
Shares of automobile companies tumbled as much as 2.59 percent on Monday after they posted subdued sales numbers for November
Passenger vehicle retail sales jump 11% in October on festive demand: Industry body FADA
Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles in October increased 11 percent to 2,48,036 units against the same period last year, driven by festive demand during the month
Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit
One just needs to look at the sales figures of auto makers, FMCG companies and state of the manufacturing and construction sector to understand where does the consumer confidence indicators point at this stage.
Recent measures taken by govt will stimulate investments, give push to GDP growth in coming months, says Venkaiah Naidu
Venkaih Naidu said the fundamentals of the Indian economy are strong and the country continues to be among the fastest growing major economies of the world
Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market
Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone
Maruti Suzuki October sales up 4.5% at 1,53,435 units; compact car sales rise 16%
The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 4.5 percent increase in total sales at 1,53,435 units in October
Auto sector slowdown: Maruti Suzuki Q2 net profit drops 39% to Rs 1,391 cr, revenue declines 25% to Rs 16,123 cr
The country's largest carmaker Maruti Suzuki India on Thursday reported 38.99 percent decline in consolidated net profit at Rs 1,391.1 crore in the second quarter ended 30 September
Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry