Sedans look to fightback in the age of SUVs
The auto industry is riding on the SUV wave, but that has not stopped company from focusing on sedans, despite a flat performance from the category. Maruti, India’s largest carmaker, …
auto industry
MoTown India runs into muted sale season; dispatches drop as retail pick-up drags even after steep discounts
Indian automobile industry is seeing a slowdown after a period of high demand following the Covid-19 pandemic, ToI reported on October 15 citing SIAM data. Automobile companies are reducing the …
investment strategy: Still bullish on India; consumption remains cornerstone for India story: Jonathan Schiessl
“I think broadly speaking, the market does offer a lot from a consumption perspective. So, multiple sectors and it is a very exciting space and has been for some time,” …
car discounts: Double-whammy for India’s car dealers: Rising inventory and increasing demand for discounts
Stung by leftover inventory and unsure about consumer spending, India’s auto dealers are worried about having to discount more to boost demand in the upcoming festive season, a representative of …
Two-wheeler industry to grow by 8 pc, tractors by 4pc annually: Report
The two-wheeler (2W) industry is anticipated to grow in high single digits, with an estimated 8 per cent year-on-year (YoY) increase whereas the tractor industry is anticipated to see marginal …
Genesys International likely to bag orders worth Rs 200 crore from automakers
Genesys International Corporation, a provider of advanced mapping services, is in advanced talks to secure an order worth Rs 150-200 crore from two leading original equipment manufacturers (OEMs) in India …
Vehicle registrations rise 13.84% in July driven by rural demand, discounts
Registrations of cars, two-wheelers and commercial vehicles – a proxy for retail sales – rose by 13.84% to 2,034,116 units last month as dealers liquidated stocks driven by demand from …
JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus
New Delhi: The current GST rate structure of passenger vehicles in India is outdated and needs to be aligned with the new developments in the auto industry, according to JSW …
Auto industry needs 2 lakh skilled people by 2030 to meet 30 pc EV adoption target: SIAM
New Delhi: Indian automotive industry will need up to 2 lakh skilled people by 2030 to meet the government’s vision of 30 per cent electric vehicle adoption, the Society of …
auto industry: Car discounts make comeback after four long years of waiting in the auto industry
Car discounts have made a return after four years of long waitlists, driven by changes in the automotive industry’s pricing strategies. Dealers are ramping up production to meet high demand, …