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Automobile Sector
Business  /  Published 08.05.20

Vehicle scrappage policy on fast track

Union minister for road transport and highways, Nitin Gadkari, on Thursday said the vehicle scrappage policy is likely to be finalised soon to boost the automobile sector.“The scrapping policy will...
By Our Special Correspondent in New Delhi

Business  /  Published 12.01.20

Auto gears up for rebound

Analysts are hopeful of a recovery in the auto sector, which recorded its worst sales decline in two decades in 2019, in the second half of 2020-21.The forecast comes amid upcoming headwinds such as t...
By Our Special Correspondent in Mumbai

Business  /  Published 05.01.20

Car makers unsure of revival

After a challenging 2019, car companies are wary of predicting a turnaround in the immediate future. While most feel customers are reluctant to buy vehicles in the current scenario, some are seeking l...
By Anasuya Basu in Calcutta

Business  /  Published 01.01.20

Discounts lift auto sales

Buoyed by discounts, Maruti Suzuki India and Mahindra & Mahindra reported a rise in domestic sales in December. Sales of Hyundai, Tata Motors and Toyota, however, declined.Beating year-end blues, ...
By Our Special Correspondent in New Delhi

Business  /  Published 09.02.20

Artificial intelligence to spot car buyers

Auto companies are using artificial intelligence (AI) and machine learning (ML) to identify potential buyers from among the walk-ins and enquiries in showrooms. They are also gauging consumer reaction...
By Our Special Correspondent in Greater Noida

Business  /  Published 09.02.20

Maruti bears brunt of rising costs

Maruti Suzuki India has reported a positive growth in its January sales even as it is taking a hit in its profitability as it has to absorb the high cost of production to retain its customer base.“T...
By Anasuya Basu in Greater Noida

Auto  /  Published 04.02.20

Duty worry for Maruti

Budget 2020 has no direct benefits for the auto industry, but the government’s outlay of Rs 3 lakh crore for the rural sector and Rs 1.7 lakh crore investment in transport infrastructure will have a...
By Our Special Correspondent in New Delhi

Business  /  Published 01.03.20

Mahindra and Mahindra sales fall 42%

Auto major Mahindra and Mahindra (M&M) on Sunday reported a 42 per cent decline in total sales at 32,476 units in February.The company had sold 56,005 units in the same month last year, M&M sa...
By PTI in New Delhi

Business  /  Published 28.05.20

Auto firms reach out to storm-hit clients

Auto majors Maruti and Hyundai are reaching out to their customers in Amphan-hit areas, taking services to their doorsteps and deploying field teams in the affected areas.The companies are also augmen...
By Our Special Correspondent in Calcutta

Business  /  Published 23.05.20

Recovery from 2024

The Indian automobile industry will see a turnaround only in 2024, Bosch India managing director Soumitra Bhattacharya said in a press conference on Friday. The industry had already hit a slowdown in...
By Anasuya Basu in Calcutta


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