Snapping a two-session losing streak, Indian benchmark indices ended higher on Friday, led by Titan, UltraTech Cement, Kotak Bank, SBI, and Maruti Suzuki.
The new mid-term management plan unveiled by Suzuki may roughly translate to sales of 1.9 million units in India by 2025-26. R.C. Bhargava, chairman of Maruti Suzuki India, says it's a cakewalk.
Safety and affordability concerns among commuters have given a fillip to shared mobility, with subscription-based models gaining traction. Will the industry realise the true potential of these models?
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.
Companies ranging from auto to garments and FMCG have joined hands to speed up the production of medical equipment such as masks, sanitisers, and ventilators.
With a significant jump in the number of confirmed cases, Maruti Suzuki India, Hyundai, Toyota Kirloskar Motor, Honda have shut operations to check the spread of Covid-19.
The commercial vehicles segment suffered the steepest fall at 32.90%. The latest worry for the industry is the disruption in the supply of auto parts from China due to the coronavirus outbreak.
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.
Some of the biggest automakers showcase electric cars and concept vehicles at the auto show and say they are working to build an electric ecosystem for a more sustainable future.
