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Automobile Sector
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

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

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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

Business  /  Published 09.09.21

Ford pullout to cost 4,000 jobs

Some 4,000 Indian employees will be hit by the closure. Instead of focusing on India, the company is going to doubledown on China where it sells more of its luxury Lincoln brand than in the US. The cl...
By Paran Balakrishnan in New Delhi

Business  /  Published 09.09.21

Ford to stop making cars in India

Ford Motor Co will stop manufacturing cars in India and shut down its plants in the country, two sources told Reuters, becoming the latest automaker to quit a market still dominated by Asian rivals. ...
By Reuters in New Delhi

Business  /  Published 05.09.21

JLR launches Bond car

Jaguar Land Rover (JLR) has globally launched the Land Rover Defender V8 Bond Edition to celebrate the 25th James Bond film No Time To Die, ahead of its world premiere later this month.  Custome...
By Our Special Correspondent in Calcutta

Business  /  Published 25.08.21

Maruti chief rues govt inaction

Maruti Suzuki India Chairman RC Bhargava on Wednesday said that while a lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps...
By Our Bureau, PTI in New Delhi


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