Auto sales drop 14% in January: SIAM
No revival in sight; barring three-wheelers, all the other segments showed de-growth.
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February 2020
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Maruti has a green target of a million vehicles
C.V. Raman, senior executive director at India’s largest carmaker by volumes, says the target will be achieved on the back of CNG, hybrids, and maybe electric vehicles in the near future.
The outliers: Kia Seltos and MG Hector
What slowdown, ask two new entrants in the Indian auto market, as they find buyers amidst the gloom and doom around them.
Auto Expo taps technology to woo millennials
The expo, which will see launches of connected, Internet cars, will be live-streamed on Facebook Watch and Instagram IGTV. There will be augmented reality and virtual reality booths, too.
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.
Auto industry pins hopes on new launches
About 50 new launches are expected at the February 7-12 event.
‘Industry should be back on track after April’
Despite slowdown blues, Mitsubishi Electric’s Rajeev Sharma says India is better compared to markets like the U.S. and Europe.
Kia Motors becomes the fourth-largest automaker
After Maruti Suzuki, Hyundai, and Mahindra, Kia Motors sold the most cars in November. It has sold more than 40,000 Seltos since its launch in August despite a slowdown in the auto industry.
‘BS VI could create short-term headwinds for CVs’
India Ratings and Research says demand for these vehicles will take a hit in the near term.
Passenger vehicle sales fall for eleventh month in a row
Sales of passenger vehicles—which include cars, utility vehicles, and vans—fell 23.7% in September.
