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Auto Sales
Business  /  Published 02.10.20

Auto sales up before festivals

Auto majors Maruti Suzuki and Hyundai Motor led the recovery march of passenger vehicle (PV) sales in the domestic market in September, posting high double-digit growth ahead of the  festive seas...
By Our Special Correspondent in New Delhi

Business  /  Published 26.08.20

Tata Motors eyes zero debt

Tata Motors aims to reduce its total automotive debt to ‘near-zero levels’ in three years and generate free cash flows from 2021-22 onwards, chairman N. Chandrasekaran said on Tuesday. Ho...
By Our Special Correspondent in New Delhi

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 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 13.08.19

Auto sales fall to 19-year low

“The data show how urgent the need is for a revival package from the government. There is urgent need for some action. The industry is doing all it can to promote sales. I think this is the time whe...
By Our Special Correspondent in New Delhi

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

Business  /  Published 19.05.19

MG sees many takers

MG (Morris Garages) India is confident of making a splash in the Indian auto market this June when it rolls out the Hector, despite poor market conditions. With auto sales dropping since July 2018, ex...
By Anasuya Basu in Calcutta

Business  /  Published 21.01.20

Auto freebies ignored

Weak consumer demand pulled down passenger vehicle sales by 9 per cent in December after two months of growth despite promotional offers and discounts.According to the Federation of Automobile Dealers...
By Our Special Correspondent in New Delhi

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 01.10.19

Maruti sales down by 24%, Leyland 55%

Maruti Suzuki, the country's largest carmaker, has reported a 24.4 per cent decline in sales in September. But Maruti is not the only auto company with dipping sales at the end of the second quar...
By PTI in New Delhi


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