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Auto Sales
Business  /  Published 06.07.20

Audi India making changes in operations

Audi India is making changes in the way the company operates to counter the crisis presented by the pandemic. Besides operational changes such as reducing the fixed cost structure and launching digit...
By Anasuya Basu in Calcutta

Business  /  Published 12.06.20

Mahindra & Mahindra loss at Rs 3255 crore

Mahindra & Mahindra (M&M) on Friday reported a consolidated net loss of Rs 3,255.02 crore for the quarter ended on March 31, 2020. The company, along with Mahindra Vehicle Manufacturers Ltd, h...
By TT Bureau in New Delhi

Business  /  Published 11.06.20

Covid-19 lockdown: Auto dealers suffer

Passenger vehicle registrations saw a year-on-year drop of 87 per cent to 30,749 units in May 2020, according to data shared by the Federation of Automobile Dealers Association (Fada).Total vehicle re...
By Our Special Correspondent in New Delhi

Business  /  Published 02.06.20

Vehicle sales pick up

Post government relaxations, Honda Motorcycle & Scooter India (HMSI) has resumed two-wheeler despatches in May and closed the month with a total dispatch of 54,820 two-wheelers to its dealers. Thi...
By Our Special Correspondent in Calcutta

Business  /  Published 02.06.20

Car sales hit hard

Auto sales slumped in May even as companies started operations in a phased manner post lockdown.Maruti Suzuki India, the country’s largest carmaker, reported an 86.23 per cent decline in total sales...
By Our Special Correspondent in Calcutta

Business  /  Published 14.05.20

Lower TDS on dividend

Dividend payout by corporates to their shareholders will have a 25 per cent lower tax deducted at source. Instead of 10 per cent, the TDS rate will be 7.5 per cent from May 14, 2020 to March 31, 2021....
By A Staff Reporter in Calcutta

Business  /  Published 28.04.20

Tata Motors to raise Rs 1000 crore

Tata Motors on Tuesday said that it was looking to raise Rs 1,000 crore through issue of debentures.“The company wants to offer rated, listed, unsecured, redeemable, non-convertible debentures aggr...
By Our Special Correspondent in Mumbai

Business  /  Published 26.04.20

Car makers start limited upkeep amid lockdown

Some car makers have resumed operations in a limited manner.Maruti and Toyota have started the maintenance of vehicles used for Covid operations within an operational framework set by the government.T...
By Anasuya Basu in Calcutta

Business  /  Published 19.04.20

Vehicle sales slump fear

The Covid-19 pandemic will have a severe impact on domestic passenger vehicles (PV) in 2021-22. The overall wholesale dispatches will decline 10-12 per cent in the current financial year. Market senti...
By Our Special Correspondent in Calcutta

Auto  /  Published 13.04.20

Auto sales fall 51% due to coronavirus pandemic

The sale of domestic passenger vehicles fell 51 per cent year-on-year to 1,43,014 units in March as manufacturers across segments halted production in the last week of the month because of the coronav...
By Our Special Correspondent in New Delhi


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