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Automobile Sector
Business  /  Published 30.12.20

SAIL seeks allies for auto grade steel

Steel Authority of India is exploring options to tie up with a Japanese or Korean steelmaker to make auto grade steel in India.  The move follows the collapse of tentative discussions with Laxmi...
By Our Bureau in New Delhi

Business  /  Published 23.12.20

House panel seeks cover for car dealers

The Parliamentary Standing Committee (PSC) headed by K. Keshava Rao has recommended that the government should come out with a franchise protection act for auto dealers. This recommendation was part o...
By Our Special Correspondent in Calcutta

Business  /  Published 21.12.20

Car parts exports exceed imports

The industry for car parts suffered a contraction in the first half of the fiscal even as exports outstripped imports for the first time though both reported a falling turnover. The industry witnesse...
By Anasuya Basu in Calcutta

Business  /  Published 20.12.20

Honda Cars India closes Noida unit

Honda Cars India Ltd has cited operational efficiency as the reason for shutting down its oldest plant in Greater Noida. Company sources said it is shifting all production to its newer Tapukara plant ...
By Our Special Correspondent in Calcutta

Business  /  Published 19.12.20

MG Motor India and Renault hike prices

MG Motor India and Renault on Friday joined Maruti Suzuki, Mahindra and Mahindra, Ford India and Hero MotoCorp in announcing price hikes of their vehicles from January 2021. In a statement, MG Motor&...
By Our Special Correspondent in Calcutta

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Auto  /  Published 15.11.20

Small UTEs hit big time

Waiting In The Wings TATA HBX This is going to be a very interesting vehicle to watch out for. Supposed to be in the Rs 5 lakh to Rs 8 lakh slot, it is smaller than the Nexon and would compete head ...
By Abhijit Mitra in Calcutta

Business  /  Published 28.10.20

Tata Motors posts loss of Rs 314.45 crore

A gradual recovery of the auto market from the clutches of the pandemic helped Tata Motors to beat analyst forecasts in the second quarter. Consolidated net loss of the company stood at Rs 314.45 cro...
By Our Special Correspondent in Mumbai

Business  /  Published 21.10.20

Mercedes Benz India reaps localisation gains

Mercedes Benz India will soon reduce the prices of its performance cars under the sub-brand AMG as it starts assembling these vehicles locally. The first AMG car to roll out from its flexi assembly l...
By Our Special Correspondent in Calcutta

Business  /  Published 15.10.20

Hyundai Motor scion takes charge

Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday, cementing his succession from his octogenarian father in a move likely to give impetus to the world’s fifth-largest aut...
By Reuters in Seoul

Business  /  Published 15.10.20

Isuzu Motor rolls out BS-VI trucks

Credit rating agency Icra continues to have a negative outlook on the industry. Unlike the Chinese automobile market that witnessed a V-shaped recovery, India is witnessing a slow paced recovery, sai...
By Our Special Correspondent in Calcutta


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