automobile industry

automobile industry News

Passenger vehicle sales decline for 10th straight month; log worst-ever drop since 1998

Domestic car sales were down 41.09 per cent to 1,15,957 units as against 1,96,847 units in August 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) released on Monday.

Explained: How auto sector slowdown may imperil thousands of units in Pune’s industrial hub

With orders down by 20 per cent, it is now a question of survival for these units, which are an intrinsic part of the value chain of the district’s automobile cluster.

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Too many workers, too few jobs as automobile sector slowdown hits ancillaries hub in Jharkhand

Jamshedpur is home to Tata Steel and Tata Motors, which contribute significantly to the economic activity in the region.

Slow and slower

Instead of short-term palliatives, government should keep the focus on fixing structural issues plaguing the economy.

Ford to close Wales engine plant in 2020: Union

Ford is making cuts in several markets to turn around loss-making operations and has also repeatedly warned the British government that it needs free trade to be maintained with the European Union after Brexit, the terms of which remain unclear.

BMW launches new X5 SUV in India, prices start at Rs 72.9 lakh

BMW X5 is one of the most selling models for the car makers in the domestic market, and the latest version of the SUV will compete with the likes of Mercedes-Benz GLE, Volvo XC90, Range Rover Velar, Porsche Cayenne and the Audi Q7.

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Yamaha recalls 1,874 units of YZF-R3 model

The company said no problems have been reported anywhere in India as yet, but it has initiated a factory modification campaign where the affected motorcycles must get these parts replaced with the modified ones.

Ferrari Portofino launched in India at Rs 3.5 crore

The well-chiselled car is also high on power and is capable of doing 0-100kph in 3.5 seconds. The company claims top speed to be more than 320kph.

Luxury car majors post robust growth

While market leader Mercedes-Benz reported a 12.4 per cent growth in its first-half sales to 8,061 units (7,171 units), its other German counterpart BMW India group registered a growth of 13 per cent in the same period to 5,171 units.

Auto Expo 2018: Suzuki Motorcycle aims one million sales by 2020

Auto Expo 2018: SMIPL is witnessing a year-on-year growth of 40 per cent in the Indian market and would strengthen its portfolio in scooter and 150 CC motorcycle segments every year.

automobile industry Videos

From Maruti Swift to Tata Harrier & TVS NTorq to Royal Enfield 650 twins

The year 2018 brought with a lot of exciting news from the automobile industry, especially because the 2018 Auto Expo was held in February.

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