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Automobile industry

India's logistics cost will come down to single-digit in two years: Minister Nitin Gadkari

India's logistics cost will come down to single-digit in two years: Minister Nitin Gadkari

Thu, Oct 17, 2024

Union Road Transport and Highways Minister Nitin Gadkari on Thursday said India's logistics cost will come down to single-digit within the next two years.

India's automobile exports surge by 15.5% in April-June quarter: SIAM

India's automobile exports surge by 15.5% in April-June quarter: SIAM

Mon, Jul 15, 2024

Two-wheeler exports also saw a double-digit growth of 17 percent, with 9,23,148 units shipped overseas in the first quarter, compared to 7,91,316 units in the same quarter last year.

Mahindra introduces new features in Scorpio-N Z8 range, details inside

Mahindra introduces new features in Scorpio-N Z8 range, details inside

Tue, Jul 02, 2024

2024 Mahindra Scorpio Z8: The range includes three variants: the Z8 S, Z8, and Z8 L, each offering unique upgrades to meet diverse customer preferences. The starting price for the Scorpio-N Z8 range is set at Rs 17.09 lakh (ex-showroom).

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Indian automobile industry reports 12.5% sales growth amidst firm economic climate

Indian automobile industry reports 12.5% sales growth amidst firm economic climate

Fri, Apr 12, 2024

The Indian automobile industry saw a 12.5% sales surge in the latest fiscal year, driven by robust economic conditions and government support. Read more.

Zeegnition: How special was the year 2023 for the Auto Sectors?

Zeegnition: How special was the year 2023 for the Auto Sectors?

Tue, Dec 26, 2023

Zeegnition | What was special in 2023 for the auto sector, what were the big events and much more... See this special glimpse of 2023.

Festive demand, strong SUV offtake propel domestic passenger vehicle sales to record high in August

Festive demand, strong SUV offtake propel domestic passenger vehicle sales to record high in August

Fri, Sep 01, 2023

Domestic passenger vehicle sales hit a record in August led by highest-ever monthly dispatches from Maruti Suzuki on the back of festive demand and the continued strong offtake of SUVs.

Two-wheeler maker Hero MotoCorp to hike prices by up to 2% from April 1

Two-wheeler maker Hero MotoCorp to hike prices by up to 2% from April 1

Wed, Mar 22, 2023

According to the official statement of the company, Hero MotoCorp will make an upward revision in the ex-showroom prices of its select motorcycles and scooters, effective from April 1, 2023. The price revision has been necessitated mainly due to cost increases on account of OBD 2 (on-board diagnostics) transition, it also said.

Automobile Industry Is Setting Out On A Journey With Hopes For A Sustained Growth Momentum In 2023

Automobile Industry Is Setting Out On A Journey With Hopes For A Sustained Growth Momentum In 2023

Wed, Dec 28, 2022

There will be big action in the auto sector in the year 2023. Many companies will increase the Price of vehicles. 6 Airbags will be mandatory in passenger vehicles. Know in details from Kushal Gupta why 2023 will be special for Auto Sector?

Union Minister Nitin Gadkari says India needs to promote flex-fuel vehicles to tide over fluctuations in crude oil prices

Union Minister Nitin Gadkari says India needs to promote flex-fuel vehicles to tide over fluctuations in crude oil prices

Mon, Dec 12, 2022

Addressing an event organised by SIAM (Society of Indian Automobile Manufactures), Union minister Nitin Gadkari said that the aviation sector is also facing problems due to the high cost of aviation fuel.

Stakeholders' meet soon to discuss growth plans for auto industry, confirms Union Minister Prakash Javadekar

Stakeholders' meet soon to discuss growth plans for auto industry, confirms Union Minister Prakash Javadekar

Tue, Jun 29, 2021

The heavy industries and public enterprises ministry will soon convene a stakeholder meeting to discuss ways for fast-track growth of the automobile industry, including e-vehicles, Union Minister Prakash Javadekar said on Tuesday.

Bharat Forge Deputy MD Amit Kalyani on company's Q3 result, coronavirus and what lies ahead

Bharat Forge Deputy MD Amit Kalyani on company's Q3 result, coronavirus and what lies ahead

Mon, Feb 10, 2020

Bharat Forge Deputy MD Amit Kalyani says markets have been in a downward trend because of 'cyclicity' problems globally too

Automobile industry all ready to launch new models in 2020

Automobile industry all ready to launch new models in 2020

Mon, Dec 23, 2019

2019 is about to get over and for the year 2020, the auto industry is all set to launch new models on the market. The companies have not only decided to launch four-wheelers but also two-wheelers. Watch this segment to know more. #Auto #AutoIndustry

Watch what Automobile industry is expecting from Finance Minister

Watch what Automobile industry is expecting from Finance Minister

Thu, Dec 19, 2019

Watch what Automobile industry is expecting from Finance Minister. For further details watch this video.

Crisis deepens in Auto sector; over 10 lakh jobs in danger

Crisis deepens in Auto sector; over 10 lakh jobs in danger

Thu, Aug 01, 2019

As the slowdown in the auto industry continues for the tenth month, over 10 lakh jobs in the sector are at risk.

Auto Sector slowdown: 10-15% people lost jobs in auto component industry

Auto Sector slowdown: 10-15% people lost jobs in auto component industry

Thu, Jul 25, 2019

Due to the prolonged slowdown in auto sales since September 2018, automobile component manufacturing sector has already witnessed 10-15% loss in employment, as growth in revenue for companies in the sector slow down significantly.

Prawaas 2019: 2nd edition announced by Bus & Car Operators Confederation of India - What will traders get

Prawaas 2019: 2nd edition announced by Bus & Car Operators Confederation of India - What will traders get

Fri, Jun 28, 2019

Bus & Car Operators Confederation of India (BOCI) has announced the 2nd edition of India's Biggest Bus & Car travel Show for Public Transport - Prawaas 2019.

Mahindra World of SUVs: What it is and how it is geared up to redefine customer purchase experience

Mahindra World of SUVs: What it is and how it is geared up to redefine customer purchase experience

Fri, Jun 28, 2019

Automotive giant Mahindra & Mahindra has a plan for customers for transformative experience in automotive retail. Mahindra has come up with new format, next generation dealerships - World of SUVs.

Budget Expectations 2019: What auto sector wants from Nirmala Sitharaman - Check wish list

Budget Expectations 2019: What auto sector wants from Nirmala Sitharaman - Check wish list

Fri, Jun 28, 2019

The date i.e July 5 is almost here when Budget 2019 will be tabled in Parliament. This is the first full budget of Modi 2.0, and traders, industrialists, business associates and the likes are pinning high hopes on Nirmala Sitharaman & Team expecting that this budget will be a win-win for the government and businessmen too.

Budget 2019 expectations: GST, FAME incentive and more - Auto industry wants positive changes

Budget 2019 expectations: GST, FAME incentive and more - Auto industry wants positive changes

Wed, Jan 23, 2019

Budget 2019: The world's fourth-largest auto industry has pinned its hope on the upcoming Budget 2019 expecting that it will not only uplift consumer sentiment but will infuse a positive environment for the industry.

Baidu to use BlackBerry software in self-driving platform

Baidu to use BlackBerry software in self-driving platform

Wed, Jan 03, 2018

BlackBerry has already signed various deals for next-generation automotive systems

August sales figures suggest worst is over for automobile industry

August sales figures suggest worst is over for automobile industry

Wed, Sep 13, 2017

While passenger vehicles have registered a 7.5% growth during the April to August in FY18, it is a little lower to 11.3% growth in the same period in FY17.

Why GST Council's hike in cess for mid, large cars, SUVs comes as relief to automobile industry

Why GST Council's hike in cess for mid, large cars, SUVs comes as relief to automobile industry

Sun, Sep 10, 2017

The GST Council took the decision to increase the cess on various segment of cars individually, instead of having a common tax on all the cars of one size.

Automobile companies feel the impact of GST in Q1 results

Automobile companies feel the impact of GST in Q1 results

Fri, Aug 04, 2017

Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.

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