Sep 23, 2020-Wednesday

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Wednesday, Sep 23, 2020

Auto sector

Sep 23, 2019 17:38
The Indian automotive industry, especially passenger vehicle segment, has witnessed one of the worst slides in the last two decades due to multiple factors like tighter financing environment for consumers and liquidity crunch faced by dealerships. read more
Sep 22, 2019 16:29
While the primary reason for extending sale deadline is the muted sentiment in the auto sector, the government wants the struggling company’s electric vehicle (EV) business to grow. read more
Sep 17, 2019 17:17
A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%. read more
Sep 15, 2019 11:03
While data shows firms such as Uber and Ola are popular with younger consumers more comfortable with shared mobility and digital trends, analysts say the auto industry’s problems run deeper than that -- and it is facing more serious bumps in the road. read more
Sep 14, 2019 14:51
The Nirmala Sitharaman-led finance ministry has been working on steps to boost growth in the real estate sector, a major job creating industry, which has been grappling with record unsold inventory and poor sales, according to Livemint. read more
Sep 12, 2019 14:07
What has caused India’s slowdown and when will GDP growth pick pace again? Answering the second question actually depends on the first, about which there’s considerable debate. read more
Sep 12, 2019 10:03
The Indian auto industry which is undergoing one of its toughest times saw monthly passenger vehicle and car sales record steepest fall in August. read more
Sep 10, 2019 16:53
As a part of this association, self-employed professionals and salaried individuals can now avail leasing options for Honda CR-V, Civic and City for both corporate as well as individual customers read more
Sep 08, 2019 16:24
Suzuki Motor India Pvt Ltd which is the only two-wheeler maker to post double digit growth so far this fiscal, also said uncertainty created over electrification of two-wheelers had also played a role in parent Suzuki Motor Corporation to adopt a wait and watch strategy read more
Sep 05, 2019 12:49
Nitin Gadkari, who was addressing the annual meet of the Society of Indian Automobile Manufacturers (SIAM), said the government is considering a cut in the goods and services tax (GST) rate for hybrid vehicles. read more
Sep 04, 2019 13:17
Reeling under severe slowdown, Maruti Suzuki India had reduced its production by 33.99 per cent in August. read more
Sep 04, 2019 09:53
The markets dropped on Tuesday, the first day of trading after Gross Domestic Product (GDP) data released on Friday put economic growth at a six-year low. read more
Sep 03, 2019 17:37
The launch of multi-purpose vehicle XL6 has further bolstered Maruti’s position in the face of stiff competition from Hyundai Motor India Ltd and Mahindra and Mahindra Ltd. read more
Sep 01, 2019 19:11
Toyota Kirloskar Motor (TKM) reported a 24 per cent annual decline in car sales for August to 10,701 vehicles from 14,100 during the year-ago month due to economic slowdown. read more
Sep 01, 2019 07:42
The June quarter is not an aberration. India’s GDP growth rate has been slowing for five consecutive quarters now. This is only the second instance since December 1999 that the GDP growth rate has fallen for five straight quarters. read more