Automobile Sector

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.

UBS cuts India GDP growth forecast to 5.1% for FY21 on fears around coronavirus outbreak, weak domestic credit growth

The GDP growth is set to slip to a decadal low of 5 percent for FY20 as per official estimates and hopes of a revival are being pinned on the next fiscal

Banking sector in India under 'stress', govt not in a position to bail it out, says Abhijit Banerjee

Speaking to the media on the sidelines of the 13th Jaipur Literature Festival, Abhijit Banerjee said the demand slowdown in the automobile sector also shows that people are lacking confidence in the economy

China’s growing interest in India’s auto market, Federal Bank’s asset quality improves in Q3; all this and more on Moneycontrol Pro

China’s interest in India’s automobile sector could be tactical, getting a foot in the door because an opportunity presented itself.

Honda portrays grim outlook of revival in auto sector in near future; not hopeful of GST cuts for industry

Senior Vice President for Sales and Marketing Y S Guleria said it is difficult to specify in which month or quarter the auto sector revival will happen

Nitin Gadkari asks carmakers to focus on alternative fuel vehicles; assures govt support

Terming huge crude oil import a "big economic challenge" for the country, Union Minister Nitin Gadkari on Wednesday urged automakers to focus on alternative fuel vehicles as well and ensured Government's support in the venture

Auto sector crisis deepens: Maruti Suzuki cuts production for 8th straight month in September by over 17%

Maruti Suzuki India produced a total of 1,32,199 units in September as against 1,60,219 units in the year-ago month

Sign of revival in automobile sector; coming six-week festive season will be decisive, says Mahindra's MD Pawan Goenka

"If the sale remains encouraging, the automobile sector will gather pace," Goenka said

Feel global, act social: How Anand Mahindra builds a corporate brand with his unique 'tweetitude'

Anand Mahindra crafts his tweets in a manner that etches out his corporate brand and does not miss the brand goal in an impulsive burst even as he engages in casual banter

Maruti Suzuki, Tata Motors' PV market share decline in April-Aug; Hyundai, M&M gain despite selling less this fiscal

Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August