Auto sales soar in festive season, but can it sustain?
Indian automakers are showing signs of recovery with retail sales going up during the festive season. However, significant concerns still exist.
auto industry
October 2020
September 2020
May 2020
Passenger vehicle sales grow 26% in September
Automakers believe the Covid-19-induced lockdown proved to be a major contributing factor in building demand for passenger vehicles.
Passenger vehicle sales to fall in FY21: ICRA
The ratings agency said that the passenger vehicle segment's FY21 volumes are expected to see a drop, as it is tied to GDP and overall consumer sentiment, both of which are at historic lows.
Used cars are going to get big in India: Volkswagen
Volkswagen says that 2021 is going to be one of the most important years for them in India as it will give way to the results of their new strategy—India 2.0.
Harley-Davidson’s rough ride in India
Cult American bike manufacturer shutters Haryana factory, cuts 70 jobs.
MG enters premium segment with Gloster SUV
This is the third launch for the year for MG, which is present only in the SUV segment.
Few takers for public transport after Covid-19
SIAM-Grant Thornton survey finds 73% of respondents willing to buy new vehicles as the economy revives.
High drama over Toyota’s ‘tax pain’
Javadekar refutes executive’s comment; Vikram Kirloskar promises ₹2,000-crore investment.
‘Luxury car market will see positive light in 2021’
Balbir Singh Dhillon, head, Audi India, on the uncertainty in the auto sector, his assessment of the COVID-19 crisis, and the outlook for the luxury market.
Maruti Suzuki’s battle against Covid-19
Maruti Suzuki chairman R.C. Bhargava believes India has the resilience to overcome the pandemic. He explains what India’s largest carmaker is doing to fight the virus.
