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Thursday, June 30, 2022

auto sector

AUTO SECTOR NEWS

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.

Electric two-wheelers to account for 8-10% of new sales by 2025; three-wheelers to chip in 30%: ICRA

May 26, 2021 4:16 pm

Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA.

Auto industry has a major role to play in India’s economic growth

April 16, 2021 8:52 am

The industry has the potential to compete with global leaders. It must work with the government to grow by 10-12 per cent per year for the next 10 years, and more importantly, grow responsibly.

Car crashes in world’s oldest nation spur changes by automakers

January 19, 2021 9:56 am

Last year, Toyota upgraded its Safety Sense offering. The technology is designed to prevent or mitigate frontal collisions as well as keep drivers within their lane.

First time in FY21: Retail auto sales post growth in December

January 12, 2021 12:31 am

According to data released by the Federation of Automobile Dealers Associations (FADA) on Monday, retail sales across categories grew 11 per cent during December on a year-on-year (y-o-y) basis.

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