auto sector

Automakers brace for hit on PLI benefits as RE magnet curbs from China continue

September 11, 2025 6:32 am

A large Indian carmaker is learnt to have tweaked its central console to do away with the gear position indicator in its automatic models.

Motherson acquires German auto parts firm SAS Autosystemtechnik

February 20, 2023 11:56 pm

Vivek Chaand Sehgal, Chairman, Motherson said, “this acquisition will transform Motherson Group to be a leading assembler of cockpits modules globally, with special focus on EV models. We look forward to welcoming over 5,000 new members into the Motherson family.”

Sunroofs to air purifiers, auto majors target an emerging segment: 30-minus

November 28, 2022 8:43 pm

An analysis of information shared by car companies show a quarter of their sales coming from this segment -- an increase of about 5 percentage points over about three years.

Govt eyes tax breaks for more non-polluting tech in auto sector

October 03, 2022 7:46 am

Based on industry feedback, the Union Ministry of Heavy Industries is learnt to be working on a proposal regarding the broader taxation incentive structure and is likely to relay that to the Finance Ministry -- the nodal agency for deciding matters of taxation structure.

Major relief for telecom sector, Govt gives 4-year moratorium on AGR dues

September 16, 2021 1:12 am

A moratorium of four years on payment of spectrum purchased in past auctions, barring the auction of 2021, has also been offered to the telcos. All these measures are prospective in nature.

Vehicle Scrappage Policy launched by PM Modi: Here's a look at its key features

August 14, 2021 8:58 am

Prime Minister Narendra Modi said the policy will provide a new identity to the mobility and auto sector in India. We take a look at some of its key features.

PM Modi launches Vehicle Scrappage Policy, says it will promote a circular economy

August 13, 2021 5:36 pm

Speaking at the Investor Summit in Gujarat through a video conference, the prime minister said that the new policy will provide a new identity to the mobility and auto sector in India.

Stakeholders' meet soon to discuss growth plans for auto industry: Prakash Javadekar

June 29, 2021 4:26 pm

Javadekar added that many ideas are floating around on e-vehicles and there are newer solutions coming up, "so we will hold stakeholder consultation in both the areas very soon".

Production halt, lockdown bumpers dent passenger vehicle sales to near 1-year low

June 02, 2021 12:43 am

While industry leader Maruti Suzuki India Limited announced sale of 32,903 units in May, which was lowest since May 2020 when the company sold 13,865 units, the second-largest manufacturer, Hyundai Motor India, sold 25,001 units during the month — an 11-month low.

How Mazda rode out the pandemic while rivals slipped

May 28, 2021 12:18 pm

Mazda — the 13th-ranked carmaker in America — was one of just three to increase sales last year.

Cars To Become Expensive, How Will Budget 2016 Impact The Auto Sector

February 29, 2016 6:17 pm