Automobile

Showing of 41 - 60 from 197 results
Automobile - Total results - 197
Nitin Gadkari promises all support to crisis-hit auto industry, hints at reducing GST on petrol, diesel vehicles
Business

Nitin Gadkari promises all support to crisis-hit auto industry, hints at reducing GST on petrol, diesel vehicles

Union minister Nitin Gadkari on Thursday assured the crisis-hit automobile industry of all possible support from the government, including taking up the demand of GST reduction with finance minister Nirmala Sitharaman

Maruti Suzuki shares fall 4% on announcement of two-day production suspension; market-cap drops by Rs 6,645 cr
Business

Maruti Suzuki shares fall 4% on announcement of two-day production suspension; market-cap drops by Rs 6,645 cr

Shares of Maruti Suzuki India (MSI) declined 4 percent on Wednesday after the company said it will suspend production at its Gurugram and Manesar plants in Haryana for two days

Bihar unaffected by economic slowdown, no decline in automobile and biscuits sale in state, claims deputy CM Sushil Kumar Modi
India

Bihar unaffected by economic slowdown, no decline in automobile and biscuits sale in state, claims deputy CM Sushil Kumar Modi

Bihar deputy chief minister Sushil Kumar Modi, has said that the sale of automobile and biscuits in the state have not declined even after being claimed by some people that there is an economic slowdown in the country

Auto sector slowdown impact: Did not renew contracts of temporary employees says Maruti Suzuki chairman RC Bhargava
Business

Auto sector slowdown impact: Did not renew contracts of temporary employees says Maruti Suzuki chairman RC Bhargava

Maruti Suzuki India Ltd Chairman RC Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand

Finance Minister Nirmala Sitharaman's stimulus package to boost growth, stabilise economy: CII
Business

Finance Minister Nirmala Sitharaman's stimulus package to boost growth, stabilise economy: CII

Industry body CII on Sunday said the multi-sectoral and multi-dimensional policy stimulus announced last week will have a significant impact, imparting stability and underpinning a new growth impetus for India

Sundaram-Clayton, Hero MotoCorp announce temporary production shutdown amid slowdown in auto industry
Business

Sundaram-Clayton, Hero MotoCorp announce temporary production shutdown amid slowdown in auto industry

TVS group auto component maker Sundaram-Clayton Ltd (SCL) on Friday said it will be shutting its Padi factory in Tamil Nadu for two days owing to a slowdown in the automotive industry, joining two-wheeler major Hero MotoCorp which also announced the closure of its plants for four days

Auto stocks tumble up to 9% as sales in India see sharpest fall in 19 years in July
Business

Auto stocks tumble up to 9% as sales in India see sharpest fall in 19 years in July

Auto stocks tumbled up to 9 percent on Tuesday after industry body SIAM reported that automobile sales in India witnessed sharpest decline in nearly 19 years in July, dropping 18.71 percent, rendering almost 15,000 workers jobless over the past two-three months

Tata Motors, Mahindra and Mahindra plan production cuts amid slowing demand for vehicles
Business

Tata Motors, Mahindra and Mahindra plan production cuts amid slowing demand for vehicles

Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns

As Volkswagen ceases production of Beetle, Mumbai's 'Bug' aficionados share memories of iconic car
long-reads

As Volkswagen ceases production of Beetle, Mumbai's 'Bug' aficionados share memories of iconic car

On 10 July, the last Volkswagen Beetle rolled off the company's assembly line in Mexico. The iconic car had been in production since 1938 and has enamoured generations of car lovers across the globe.

Corporate India seeks Rs 1 lakh cr stimulus to kick-start investment cycle, revive growth
Business

Corporate India seeks Rs 1 lakh cr stimulus to kick-start investment cycle, revive growth

India Inc on Thursday said the government has assured to take action soon to revive the industry and push economic growth, which is showing signs of a slowdown

Home, auto loans set to become cheaper after RBI cuts interest rate; growth likely to pick up in fourth quarter
Business

Home, auto loans set to become cheaper after RBI cuts interest rate; growth likely to pick up in fourth quarter

RBI Governor Shaktikanta Das, at a media briefing, said banks have reduced their interest rates on fresh rupee loans by only 29 basis points so far as against 75-basis point cut prior to Wednesday's reduction.

Auto industry seeks stimulus package from govt as sector hit by unprecedented slump in sales
Business

Auto industry seeks stimulus package from govt as sector hit by unprecedented slump in sales

Auto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by an unprecedented slump in sales

Demand slowdown to curtail tyre industry revenue growth to 3-4% in FY20: ICRA
Business

Demand slowdown to curtail tyre industry revenue growth to 3-4% in FY20: ICRA

Ratings agency ICRA on Tuesday said demand slowdown will curtail tyre industry's revenue growth to 3-4 percent in 2019-20, and margins are expected to decline

Economic slowdown: Nirmala Sitharaman to meet representatives of various sectors this week
Business

Economic slowdown: Nirmala Sitharaman to meet representatives of various sectors this week

Finance Minister Nirmala Sitharaman on Monday said she will meet representatives of various sectors and "fairly quickly" come out with steps to help them

Passenger vehicle retail sales dip 4.6% in June to 2.25 lakh units: Industry body FADA
Business

Passenger vehicle retail sales dip 4.6% in June to 2.25 lakh units: Industry body FADA

Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles (PV) in June declined by 4.6 percent to 2,24,755 units as compared to the same period last year

Automobile industry body SIAM urges govt to take immediate steps to improve liquidity
Business

Automobile industry body SIAM urges govt to take immediate steps to improve liquidity

Automobile industry body SIAM has urged the government to take immediate measures to improve liquidity, especially in the non-banking financial company (NBFC) sector, in order to fuel growth in the sector which has seen sales drop month-on-month leading to even closure of various dealerships

Union Budget 2019: Automobile dealers body seeks industry status for auto retail sector
Business

Union Budget 2019: Automobile dealers body seeks industry status for auto retail sector

Automobile dealers body FADA on Thursday urged the government to consider industry status for the auto retail sector, a move which will help it avail easy finances and sustain business in the long term

Total stock of warehousing space to reach 344 million sq ft in four years in 8 cities: JLL India report
Business

Total stock of warehousing space to reach 344 million sq ft in four years in 8 cities: JLL India report

The demand or absorption for warehousing space clocked an unprecedented 63 percent year-on-year growth

Dell, Jeep, LIC are among India's top ranked most trusted brands: TRA Brand Trust report 2019
Business

Dell, Jeep, LIC are among India's top ranked most trusted brands: TRA Brand Trust report 2019

TRA's Brand Trust Report 2019, the ninth in the series, is the result of primary research based on the proprietary 61-Attribute Trust Matrix of TRA

India to benefit from US-China trade war; needs to tap export opportunities in both countries: Experts
Business

India to benefit from US-China trade war; needs to tap export opportunities in both countries: Experts

The ongoing trade war between the US and China will help India tap export opportunities in both the countries in areas such as garments, agriculture, automobile and machinery, according to trade experts