Search Results for: automakers

Here's why recovery for auto sector would be an uphill task even post Covid-19

The auto industry is staring at a loss of Rs 21,000 crore due to the Covid-19 pandemic and job losses especially in the organised sector will have a direct implication on auto sales, especially two-wheelers.

May 3, 2020

Coronavirus: Tesla's Elon Musk calls Covid-19 lockdown restrictions fascist

Tesla shut down the California factory just as it was ramping up production of its new electric crossover utility vehicle Model Y, which it expects to generate record demand and higher profit margins.

Apr 30, 2020

BS-IV sales deadline extended: SC gives small window after lockdown for automakers to clear stock

Federation of Automobile Dealers Associations (FADA), however, had requested a 60-day extension due to the prevailing situation which eventually may result in bankruptcies and job losses.

Mar 28, 2020

Covid-19 lockdown: Already struggling auto industry staring at Rs 21,000 crore loss

Since 2016 multiple factors including Demonetization, the introduction of Goods and Services Taxes (GST), hike in mandatory insurance, the slowdown in the Indian economy has badly impacted the sales of the auto vehicles.

Mar 25, 2020

Maruti Suzuki, Hyundai, Jeep & others offer huge discounts on BS4 cars: See list

BS4 cars from popular brands like Hyundai, Skoda, Honda & others get massive discounts in India. Check out the offers here.

Feb 26, 2020

Much-needed respite to Auto dealers as festive seasons spur sales

Major auto players had announced attractive discounts during Diwali and Dussehra festivals as the industry was witnessing a continuous slump in the sales for the last year.

Nov 20, 2019

Geneva Motor Show 2017, Volkswagen, VW Sedric, Sedric driverless car

Is Dubai going to introduce driverless shuttle service, cabs?

In fact, a recent meeting of the Dubai Future Council for Transportation has already discussed plans for driverless vehicles, autonomous technology and smart systems in a major move to encourage such mode a mode of transport for commuters.

Sep 28, 2019

Tata Motors logos are seen at their flagship showroom

Tata Motors announces new electric vehicle powertrain technology Ziptron

The technology will be introduced in a range of its upcoming models, including the one scheduled for launch in the first quarter of next year.

Sep 20, 2019

India to woo foreign firms like Apple to capitalise on US-China trade war

Several Indian officials met on Aug. 14 and discussed a list of "target companies".

Aug 30, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 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

Tata Motors Q1 loss nearly doubles to Rs 3,680 crore, JLR challenges continue

The Mumbai-based company plans to introduce electric variants for all of its JLR models by 2020.

Jul 25, 2019

Lee Iacocca, management guru and author (1924-2019)

Who was Lee Iacocca? Management icon and the father of Ford Mustang dies aged 94

Lee Iacocca, the author of several celebrated management books, was credited with resurrecting Chrysler from dead and starring in a series of 'if you can find a better car buy it' ads

Jul 3, 2019

Modi govt asks TVS, Bajaj and Hero for plan to switch to electric vehicles

Without an established supply chain and charging infrastructure or skilled labour, India could lose its automobile market's leadership position.

Jun 23, 2019

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