Search Results for: Maruti Suzuki

Modi govt's challenge now is to turn nationalism into an economic force

The economy was taken for granted in the last few quarters and the country was battered by many issues like non-performing assets, demonetization, implementation of GST and the recent NBFC crisis.

Sep 11, 2019

FM Nirmala Sitharaman thinks millennials are killing the auto sector; Twitter begs to differ

The finance minister said that the auto industry has been adversely affected because millennials do not want to commit to EMIs for buying new cars.

Sep 11, 2019

Automobile sector needs more than the GST band-aid to ward off a meltdown threat

With passenger vehicles sales skidding to worst in two decades and thousands of jobs at stake amid an economic slowdown, the government needs to take substantive measures; deliveries in August fell 41% year on year to 115,957 units.

Sep 10, 2019

Passenger vehicle sales plunge to the lowest since 1998

Industry sales have been on a downslide since the last 10 months due to a high GST rate and lack of adequate liquidity.

Sep 9, 2019

Central Board of Indirect Taxes and Customs asks officers to meet GST refund target

In case of exporters waiting for their pending integrated GST or IGST refunds, the Chairman has directed the officers to make the process smooth.

Sep 2, 2019

Auto sales continue to decline in August

Tata Motors reported a 49 percent slump in its domestic sales on a year-on-year (YoY) basis at 29,140 units.

Sep 2, 2019

Maruti Suzuki sales fall 33% in August

The company sold a total of 1,06,413 units, including exports, last month, compared to 1,58,189 vehicles in August 2018.

Sep 1, 2019

Kia Seltos price revealed in India, pre-bookings soar to 32,833

Kia Seltos launched its variants starting at a base price of Rs 9.6 lakh. The company reveals its variants and prices in the launch.

Aug 24, 2019

Maruti Suzuki launches XL6 in India, price starts at Rs 9.80 lakh

Maruti Suzuki confirmed to start its booking from August 9 for an initial down payment of Rs 10,000. The firm will be competing against its own brand's Ertiga, which is priced between 7.55 to 11.21 lakh.

Aug 21, 2019

Sensex tumbles 600 points; Yes Bank, Bajaj Finance shares tank

The Nifty autos index slid about 4 percent, its worst decline since 2016, as sales of passenger vehicles to car dealers plunged 30.9 percent in July.

Aug 13, 2019

Sale of passenger vehicles falls for ninth straight month as slowdown bites

Amid the ongoing liquidity crunch in the country, the demand for consumer goods has been declining.

Aug 13, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

PICS: MS Dhoni adds another car to his collection; Sakshi Dhoni posts photo of 'beast'

MS Dhoni has a collection of many high-end vehicles including Ferrari 599 GTO, Hummer H2 and GMC Sierra.

Aug 10, 2019

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Automakers call for major incentives as top carmaker Maruti reduces production by 25 percent for the sixth consecutive month in July

Aug 8, 2019

India's auto crisis deepens, tens of thousands losing jobs

Initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

Aug 7, 2019

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