Auto industry is losing ₹2,300 crore a day
The slowdown-hit sector takes a further hit as the nationwide lockdown hits demand. Auto sales fall 45% in March, SIAM data shows.
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Covid-19: Major automakers shut production
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.
SIAM urges SC to allow more time for BS IV sale
Auto dealers say they won’t be able to clear their BS IV inventories before March 31 as the registration process ends much before it and the fear of coronavirus is also keeping buyers away.
Auto sales fall 19.08% in February
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.
Auto sales drop 14% in January: SIAM
No revival in sight; barring three-wheelers, all the other segments showed de-growth.
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 pins hopes on new launches
About 50 new launches are expected at the February 7-12 event.
Sales of passenger vehicles rise marginally in October
Total industry sales, however, fell nearly 13%, according to SIAM data.
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.
Passenger car sales fall 41% in August: SIAM
The industry body says this is the worst performance by the passenger car segment—the largest by volume—in two decades.
