No driverless cars for India: Nitin Gadkari
Nitin Gadkari clarified on Monday that India will not be introducing driverless cars as it would lead to a significant decline in the employment of drivers.
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Passenger vehicle sales to grow 9-10% YoY to 50 lakh units by 2024: CRISIL
This will be approximately 20% above the pre-pandemic peak of 40.5 lakh units, which also will be the highest-ever sales achieved by domestic PV original equipment manufacturers (OEMs).
Hyundai, Kia cost India billions of dollars in trade deficit: Piyush Goyal
He said that Korea and Japan don’t stop the export of steel from India, but India can not sell a ton of steel in both countries because there is a “nationalist” spirit.”
CNG, hybrid, EV to account for 20-30% of new vehicle sales in 5 years: ICRA
In terms of sales of diesel vehicles, the rating agency says that the stricter emission norms and the narrowing price gap between petrol and diesel has reduced the viability of diesel vehicles.
Uno Minda says airbags localised, barring inflator; expects revenue bump
Uno Minda seeks to tap the A and B-segment passenger vehicles segment—where the transition is yet to take place, and where the company has a significant presence.
Reinforced commitment to 'Make in India' & EVs: MG Motors' Rajeev Chaba on Govt scrutiny
Chaba says the company has always reinforced its commitment to national policies such as the 'Make in India initiative', and its push for battery electric vehicles (BEVs).
Want to make India top auto hub, double industry to ₹15 lakh cr: Gadkari
Nitin Gadkari wants to make India's auto industry the number one automobile hub in the world.
