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Sunday, April 05, 2020

auto sector

AUTO SECTOR NEWS

FADA asks SC: Allow sale of BS-IV automobiles till May 31

March 18, 2020 1:02 am

The dealers’ body said they may fail to liquidate Bharat Stage-IV vehicle inventory before the new emission standards take effect on April 1 due to the impact of Covid-19.

February auto sales hit by low demand, BS-VI transition

March 03, 2020 1:40 am

The country’s largest carmaker, Maruti Suzuki India, reported an year-on-year fall of 1.6 per cent to 1,36,849 units in the domestic market. Sales of Hyundai Motor India in the domestic market fell 7.2 per cent.

India's auto production to shrink by 8.3% in 2020; coronavirus spread may hit supply chain, says Fitch

February 12, 2020 12:38 pm

Fitch Solutions said that it believes that the weak domestic demand for new vehicles will see India's vehicle production continue to contract in 2020.

New sales strategy to ride out downturn: Premium products in stripped-down versions

January 28, 2020 4:10 am

From cars & two-wheelers to durable and fast-moving consumer goods.

Budget 2020: SIAM seeks incentive based scrappage policy, GST rate cut on automobiles

January 27, 2020 4:46 pm

Society of Indian Automobile Manufacturers (SIAM) also suggested Finance Minister Nirmala Sitharaman to increase budget allocation for internal combustion engine (ICE) bus procurement by state transport undertakings.

Fiat Chrysler and Peugeot to merge into $46 billion automaker

December 18, 2019 1:30 pm

The combined company will be led by PSA Chief Executive Officer Carlos Tavares, with Fiat Chairman John Elkann holding the same role at the enlarged firm.

Gloom in passenger vehicle sales returns after festivities fizzle out

December 11, 2019 4:39 am

Data released by the Society of Indian Automobile Manufacturers shows that the aggregate sales of all vehicles declined 12.05 per cent in November.

Tata Motors-owned Jaguar Land Rover sales fall 3.4 per cent in November

December 09, 2019 1:57 pm

The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent per cent from November 2018, Tata Motors said in a BSE filing.

Auto component industry turnover dips 10 per cent in April-September: ACMA

December 06, 2019 5:41 pm

The turnover of the industry dropped to Rs 1.79 lakh crore in the April-September period, down 10.1 per cent from Rs 1.99 lakh crore in the year-ago period, Automotive Component Manufacturers Association (ACMA) said.

Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6 to fix faulty part

December 06, 2019 2:24 pm

The vehicles were manufactured between January 1, 2019, to November 21, 2019, Maruti Suzuki India (MSI) said.