The government’s Rs 20 lakh crore special economic package has the potential to be "sustainably beneficial" to all sectors of the economy and help revive commercial vehicle industry, in particular, Ashok Leyland MD and CEO Vipin Sondhi said on Wednesday
Coronavirus Lockdown: Daimler India extends warranty, service period for BharatBenz vehicles by two months
Daimler India Commercial Vehicles (DICV) on Tuesday said it has extended by two months warranty and scheduled service period for its BharatBenz vehicles due to the ongoing lockdown
Tata Motors on Tuesday said it has extended by two months the warranty period for all of its commercial vehicles which are expiring during the period of the lockdown
Passenger vehicle sales in India declined by 51 percent in March, hit by 21-day nationwide lockdown due to the coronavirus pandemic
Tata Motors on Wednesday reported a 82.69 percent decline in total sales to 12,924 units in March
Automobile sales in India across categories declined 19.08 percent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday
Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries
The latest complaint alleged Tata Motors broke rules by working in concert with Tata Motors Finance and Tata Capital Financial Services while advancing dealer credit.
Coronavirus woes: Epidemic affects domestic auto, forging industry, says AIFI; vehicle demand likely to decline by 8.3% this fiscal
Forging industry primarily caters to the $57 billion automotive industry. The association represents around 400 forging units with a cumulative annual production of 3 million tonne.
Auto sector crisis: It's amber light for motown as demand unlikely to revive in FY21; revenue growth, margins to be subdued, says eport
Despite the nearly two-year crisis in the auto sector, the past two Union Budgets have given little respite to the sector that is very critical to generate employment.
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
Hinduja flagship firm Ashok Leyland on Thursday reported 28 percent decline in total commercial vehicle sales at 11,168 units in December
Mahindra & Mahindra Ltd on Wednesday reported a 1 percent rise in automobile sales in December 2019, as a rise in passenger and utility vehicles offset a dip in commercial vehicle sales
Passenger vehicle retail sales up 1% to 2.57 lakh units in November driven by festive demand: Industry body FADA
Automobile dealers' body FADA on Wednesday said retail sales of passenger vehicles in November increased 1 percent to 2,57,271 units against the same period last year, driven by festive demand during the month
Tata Motors on Tuesday reported a 15 percent decline in group's global wholesales at 89,671 units in November
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
Slowdown in auto sector cyclical; govt taking steps to support through release of Rs 70,000 cr to PSU banks
Citing reasons for the slowdown in the auto sector, Javadekar said an increase in axle load limit for commercial vehicles by up to 25 percent expanded freight capacity, leading to shrinkage of new vehicle demand
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
Festive season buys, launch of new models help passenger vehicle sales snap 11-month slide in October: SIAM
Sales of commercial vehicles were down 23.31 percent at 66,773 units in October, SIAM said.
Bajaj Auto on Wednesday reported 21.23 percent increase in its consolidated profit after tax at Rs 1,523.32 crore in the second quarter ended September
Automobile dealers' body FADA on Friday said passenger vehicle retail sales in September declined 20.1 percent to 1,57,972 units against the same period last year as the onset of festival season and never-seen-before discounts failed to lift demand