Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
automobile industry
May 2020
January 2020
August 2019
April 2019
March 2019
February 2019
November 2018
Auto industry hopes for a lifeline from Budget
The industry expects the Budget to address factors like weak market sentiment, GST rates, and charging infrastructure for electric vehicles.
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
Pre-election uncertainty affects March auto sales
According to the latest figures released by SIAM on Monday, sales of passenger cars—the largest segment by volumes—dropped 6.87% from a year ago.
Vehicle sales fall across segments in February
Uncertainty ahead of elections coupled with a weak market sentiment, and unfavourable factors like high interest rates and insurance costs have affected sales.
No major announcement for the auto industry
Except for push for electric vehicles, there was no cut in GST or tax benefit for alternative fuel vehicles.
Passenger vehicle sales revive marginally in October: SIAM
While domestic passenger car sales rose slightly, exports were down 13.40% in October.
How Maruti Suzuki is skilling the workforce
The largest carmaker in the country is helping the current and future workforce keep up with the changing dynamics of the automobile industry in India.
