Scrappage policy good for auto industry and buyers
But since it is voluntary in nature, it will require strong enforcement from state governments to ensure that its objectives are met.
auto industry
March 2021
December 2020
November 2020
October 2020
Price rise to hurt car buyers in 2021
Rising commodity prices have compelled some of India's top automakers to hike car prices, from January. Experts caution this could further dampen consumer demand and delay recovery in the auto sector.
Covid-19 has been a boon for car rentals: Zoomcar
In a candid chat with Fortune India, Zoomcar's co-founder and CEO talks about the booming car rental industry, and how the company is looking to exploit the opportunities thrown up by the pandemic.
Driving on the ethernet highway
Automakers are pushing for cars to be sold online in a desperate bid to combat a Covid-19-related slowdown and push up demand.
CARS24 drives into unicorn club
The online transaction platform for used cars raises $200 million from DST Global, and others.
Vehicle registrations decline in October
India's auto industry, hurt by fall in demand due to Covid-19, sees momentary hope in the sale of tractors, signalling a buoyancy in the rural market.
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.
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.
