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Automobile Sector
Business  /  Published 14.02.22

Auto bid to beat chip shortage

Car makers and component firms are working on multiple strategies including optimising the supply chain to overcome the shortage in semi-conductors that looks set to to continue in the coming months. ...
By Anasuya Basu in Calcutta

Business  /  Published 08.02.22

Automobile sales dip 10% in January

Commercial vehicle sales, however, witnessed a growth of 20.52 per cent in January this year at 67,763 units  against 56,227 units in January 2021. “With the revival in the economy, the co...
By Our Special Correspondent in New Delhi

Business  /  Published 11.01.22

SsangYong sold

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for 305 billion won ($254.65 million), SsangYong Motor said on Monday. Ssa...
By Reuters, PTI in Seoul

Science Tech  /  Published 02.01.22

NEW GEN HOT RIDES

One of the safest vehicles on the Indian roads in its internal combustion engine form, this vehicle, like the eKUV100, looked close to production in 2020. It should compete with the Nexon. ...
By Abhijit Mitra in Calcutta

Business  /  Published 19.10.21

Taiwan chip giants set terms for investment

The Centre plans to come out with a request for proposal (RFP) to set up semiconductor manufacturing facilities in the country at a time a raging chip crisis has derailed the production plans across s...
By Our Special Correspondent in New Delhi

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Business  /  Published 04.10.21

Maruti app for repairs

Maruti Suzuki India Limited is witnessing a surge in maintenance at its service stations with the number of vehicles coming for servicing and repairs up 22 per cent in the second quarter of the fiscal...
By Our Special Correspondent in Calcutta

Business  /  Published 04.10.21

Toyota looks beyond Yaris

Toyota Kirloskar Motor (TKM) will use the facilities of the now discontinued Yaris to make newer cars. Last week, the company stopped the sales of Yaris. Toyota manufactured the Yaris along with the ...
By Anasuya Basu in Calcutta

Business  /  Published 22.09.21

FDI equity inflows up 112%

Foreign direct investments into the country more than doubled to $20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday. Total Foreign...
By PTI in New Delhi

Business  /  Published 16.09.21

Rs 26,000 cr sops for auto

The government on Wednesday approved a Rs 26,058-crore production-linked incentive (PLI) scheme for the auto sector. Anurag Thakur, minister of information and broadcasting, told reporters after the ...
By Our Special Correspondent in New Delhi

Business  /  Published 13.09.21

4000 SME suppliers in trouble

Small and medium enterprises (SMEs) will be impacted by Ford India’s decision to close its manufacturing plants in Chennai and Sanand. Around 4,000 SMEs, including the smaller suppliers are fac...
By Our Special Correspondent in Calcutta


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