India Auto Sector Crisis
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India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
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'The Fuel Delivery' Begins Operations In Mumbai Amidst COVID-19 Crisis
'The Fuel Delivery' says that given the pandemic running through the second wave, it will be a win-win offer for the consumers as they can maintain social distancing norms through contactless delivery by avoiding long queues at fuel filling stations.
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Indian Automakers Fear Container Shortage To Hit Parts Supply, Output
Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shortage of available shipping containers.
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India's Automakers Warn Of Up To 45% Sales Drop As Economy Slumps Amidst Pandemic
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through the crisis.
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Backlash Against China Creates Huge Opportunity For $ 57 bn Indian Auto Components Industry
As sentiment against China starts to build, many global OEMs may look to India and others as options to sourcing from Chinese suppliers. Can Indian vendors cash in on the opportunity created by the COVID-19 pandemic?
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Exclusive: Mercedes EQC Launch Unaffected By The Coronavirus Crisis; Will Come To In India This Year
Mercedes has garnered good interest from potential customers and is confident that the EQC won't just be a technology demonstrator in India.
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Coronavirus Lockdown: Nissan Extends Support Services To Its Customers
Those customers whose free service, warranty and extended warranty were lapsing during the lockdown period will be able to avail these benefits for one month post the lockdown.
-
Coronavirus Pandemic: Auto Industry Welcomes FM’s Announcement To Prevent Crisis Situation; Expects Support For The Auto Industry
While the auto industry has welcomed the move made by the government to prevent a crisis situation, it has certain expectations as well for the long run.
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India Plans To Airlift Components From China Amidst Coronavirus Crisis: Report
India is planning to backstop its growing electronics sector by arranging to airlift components from China, three government officials said, as it tries to contain the fallout from the coronavirus crisis in China.
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Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
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Big Auto News Headlines Of 2019
2019 was truly an important and eventful one for the auto sector, be it the country's largest automaker deciding to phase out diesel engines, or the return of India's most popular scooter as an electric vehicle, we saw some major changes. So, as we near 2020, we look back and list down 9 biggest breaking news from the auto sector this year.
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Domestic Car Sales Fall 11% In November, Production Down 8%: Industry Body SIAM
Total passenger car sales in the domestic market fell nearly 11 per cent last month, data from industry body SIAM or Society of Indian Automobile Manufacturers showed on Tuesday. Sales of passenger vehicles - including passenger cars, utility vehicles and vans - declined 0.84 per cent to 263,773 units in November, the data showed. Out of these, a t...
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"If Auto Sector Is In Crisis, Why Traffic Jams?": BJP MP's Bizarre Claim
Pointing to traffic jams across the country, a BJP MP has claimed the opposition's talk of crisis in the nation's automobile industry is a conspiracy to defame the government
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Suzuki Motor Q2 Profit Drops 32% Amid Demand Slump In India, Its Biggest Market
Last month, Suzuki cut full-year operating profit forecast by nearly 40 per cent to 200 billion yen, which would be a four-year low.
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India's Retail Inflation Surges In September, But Rate Cut Hopes Still High
India's retail inflation rose close to the central bank's medium-term target of 4% in September for the first time in 14 months, but analysts still predict a sharp economic slowdown will prompt a sixth consecutive interest rate cut in December.
-
India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
-
'The Fuel Delivery' Begins Operations In Mumbai Amidst COVID-19 Crisis
'The Fuel Delivery' says that given the pandemic running through the second wave, it will be a win-win offer for the consumers as they can maintain social distancing norms through contactless delivery by avoiding long queues at fuel filling stations.
-
Indian Automakers Fear Container Shortage To Hit Parts Supply, Output
Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shortage of available shipping containers.
-
India's Automakers Warn Of Up To 45% Sales Drop As Economy Slumps Amidst Pandemic
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through the crisis.
-
Backlash Against China Creates Huge Opportunity For $ 57 bn Indian Auto Components Industry
As sentiment against China starts to build, many global OEMs may look to India and others as options to sourcing from Chinese suppliers. Can Indian vendors cash in on the opportunity created by the COVID-19 pandemic?
-
Exclusive: Mercedes EQC Launch Unaffected By The Coronavirus Crisis; Will Come To In India This Year
Mercedes has garnered good interest from potential customers and is confident that the EQC won't just be a technology demonstrator in India.
-
Coronavirus Lockdown: Nissan Extends Support Services To Its Customers
Those customers whose free service, warranty and extended warranty were lapsing during the lockdown period will be able to avail these benefits for one month post the lockdown.
-
Coronavirus Pandemic: Auto Industry Welcomes FM’s Announcement To Prevent Crisis Situation; Expects Support For The Auto Industry
While the auto industry has welcomed the move made by the government to prevent a crisis situation, it has certain expectations as well for the long run.
-
India Plans To Airlift Components From China Amidst Coronavirus Crisis: Report
India is planning to backstop its growing electronics sector by arranging to airlift components from China, three government officials said, as it tries to contain the fallout from the coronavirus crisis in China.
-
Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
-
Big Auto News Headlines Of 2019
2019 was truly an important and eventful one for the auto sector, be it the country's largest automaker deciding to phase out diesel engines, or the return of India's most popular scooter as an electric vehicle, we saw some major changes. So, as we near 2020, we look back and list down 9 biggest breaking news from the auto sector this year.
-
Domestic Car Sales Fall 11% In November, Production Down 8%: Industry Body SIAM
Total passenger car sales in the domestic market fell nearly 11 per cent last month, data from industry body SIAM or Society of Indian Automobile Manufacturers showed on Tuesday. Sales of passenger vehicles - including passenger cars, utility vehicles and vans - declined 0.84 per cent to 263,773 units in November, the data showed. Out of these, a t...
-
"If Auto Sector Is In Crisis, Why Traffic Jams?": BJP MP's Bizarre Claim
Pointing to traffic jams across the country, a BJP MP has claimed the opposition's talk of crisis in the nation's automobile industry is a conspiracy to defame the government
-
Suzuki Motor Q2 Profit Drops 32% Amid Demand Slump In India, Its Biggest Market
Last month, Suzuki cut full-year operating profit forecast by nearly 40 per cent to 200 billion yen, which would be a four-year low.
-
India's Retail Inflation Surges In September, But Rate Cut Hopes Still High
India's retail inflation rose close to the central bank's medium-term target of 4% in September for the first time in 14 months, but analysts still predict a sharp economic slowdown will prompt a sixth consecutive interest rate cut in December.
