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Indian auto industry
Indian auto industry News
Toyota
28 Nov 2022
Toyota demands lower taxes on cars, suggests road map to boost auto industry
Toyota demands a lower tax slab on cars for next 10 years TKM Vice Chairman feels Indian auto industry is highly taxed Currenlty, automobiles are taxed at 28 per cent GST
Pre-Owned Vehicles
24 Jul 2022
Exclusive: Factors attracting millennials towards buying pre-owned cars
The changing ecosystem and trends in the automotive industry and the entry of start-ups and organised players are driving millennials closer to the used car ecosystem.
Madhya Pradhes
29 Apr 2022
Madhya Pradesh to drive next phase of growth for Indian auto sector
Indian government anticipates the vehicle sector to attract $8 to $10 billion in investment Govt. issued PLI scheme for the automobile and auto component industry worth ₹ 25,938 crores The Indian auto industry is expected to record strong growth in 2022-23
Auto Sales
31 Jan 2022
Economic Survey 2022: Over 7 lakh car orders pending due to chip shortage
Covid-19 has continued to impact the global economy in its second year Chip shortage continues to loom Indian auto industry Indian automakers report sales decline
Auto Sales
31 Jan 2022
Automakers to continue facing semiconductor shortages due to Covid surges
Covid-19 has continued to impact the global economy in its second year Chip shortage continues to loom Indian auto industry Indian automakers report sales decline
Auto Sales
04 Jan 2022
Indian car makers report sales growth in December 2021 amidst chip shortage
Chip shortage continues to loom Indian auto industry Market leaders Maruti Suzuki and Hyundai report decline in sales Indian car makers Tata and Mahindra shine in December 2021
Auto industry
25 Jul 2019
One million jobs may be on the line as Indian auto industry slows down
Passenger vehicle sales have fallen 18.4% in the first quarter and monthly passenger vehicle sales in June fell by the biggest margin in 18 years.
OLA
09 Mar 2018
Ola's sputtering India electric vehicle trial a red flag for Modi plan
With an initial investment of about $8 million, Softbank-backed Ola launched the project last year at an event that had all the trappings of a state function, including a big gathering and flagging off by Transport Minister Nitin Gadkari.
Maruti Suzuki India
22 Feb 2016
Maruti Suzuki India retains top slot in passenger vehicle segment in January
According to the latest data from the SIAM, in the top 10 best passenger vehicles, Maruti's Alto retained the top position last month, with 21,462 units, as against 22,889 units in January 2015.
Sona Group
30 Jun 2015
Sona Group founder Surinder Kapur passes away
Auto component maker Sona Group founder and chairman Surinder Kapur Tuesday passed away after a brief illness.
Maruti Swift Sales
08 May 2015
Swift crosses 13 lakh units sales mark in 10 yrs
Over 1.3 million Swift cars have been bought in India.
Indian auto industry
04 Mar 2015
'Indian auto sector needs policy support to realise potential'
Slowdown in major global auto markets like China, Europe and Brazil offers India an opportunity to attract foreign investments but it will have to improve infrastructure as well as ease of doing business, and frame a policy to boost the sector, says JD Power.
Rolls-Royce
01 Feb 2015
Rolls-Royce looks to tap Indian billionaires
With India forecast to be world's fastest growing major economy by 2016-17, super luxury car maker Rolls-Royce is gearing up to tap the country's billionaires with new models, including new convertible and a potential SUV.
Auto industry
08 Jan 2015
Auto industry to face stress due to stricter regulatory norms
The pressure would also increase because of emergence of new product segments, says the report based on the findings of 'KPMG Global Automotive Executive Survey'.
Yearender
19 Dec 2014
After a topsy-turvy 2014, automakers eye smoother 2015 ride
Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.
Tesla Motors
19 Nov 2014
Keen to enter in India but high import duty a roadblock: Tesla
US-based premium electric car maker Tesla Motors is keen to enter the Indian market and has even identified the country as one of the possible locations to set up a manufacturing plant in Asia.
Auto
14 Sep 2014
Indian auto industry can touch $300 bn mark by 2026: Study
It said commercial vehicle sales will rise to 3.9 million units from 0.7 million in FY14; of two-wheelers, to 55.5 million units from 16.9 million.
Economic slowdown
12 Sep 2014
Automotive Mission Plan 2016 targets to be missed by up to 25%
The economic slowdown in the last three years that resulted in a demand slump will force the Indian auto industry to miss by up to 25 per cent of the targets set in ambitious Automotive Mission Plan (AMP) 2016.
Fiat Chrysler Automobiles
27 Jun 2014
Fiat Chrysler Automobiles to begin selling Jeep in India in 2015
By 2020 India will be the world`s third-largest auto market, behind China and the United States.
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