Rahul Bajaj to give up executive role at Bajaj Auto
The octogenarian business leader, who pioneered the two-wheeler industry in India, will remain Bajaj Auto’s non-executive chairman.
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Bajaj Auto: In top gear
Rajiv Bajaj has a 360° plan to make Bajaj Auto live up to its tagline ‘the world’s favourite Indian’.
Bajaj Auto’s Q2 net profit rises 22% on tax benefit
Rise in exports and lower tax outgo help the Pune-based motorcycle maker in the September quarter even as sales continue to suffer due to subdued demand.
Car sales fall 36% in July
Data released by SIAM on Wednesday shows that passenger cars sales fell to 122,956 units from 191,979 a year ago due to muted consumer sentiment.
Passenger car sales slump 24% in June
Overall sales of the auto industry, which has been facing headwinds for more than a year, fell 12.34% to 1,997,952 units in June from 2,279,186 units a year ago.
Passenger vehicle sales fall 1.87% in January
Sales of passenger cars—the largest segment by volumes—fell 2.65% to 179,389 units in January this year from 184,264 units a year ago.
Retail passenger vehicle sales down by 3%: FADA
Federation of Automobile Dealers Association said that while auto sales are still in choppy waters, initial signs of positive consumer sentiment can be seen post the dull festive season.
EV sales double despite FAME II delay
With 56,000 units sold so far, India has shown slow but steady progress towards electric adoption. But in the absence of a comprehensive policy, is it too soon to judge?
Passenger vehicles sales take a hit in July: SIAM
But according to SIAM data, it was a good month for commercial vehicles and two-wheelers.
Bear 50% cost: EV makers body to govt
Hero Electric’s Sohinder Gill says the government and industry should both contribute 50% to manufacturing electric two-wheelers to make them affordable.
