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Automobile Sector
Business  /  Published 04.12.19

Skoda to invest Rs 8000 crore

Skoda Auto India is investing Rs 8,000 crore to increase the level of localisation of its cars and hopes to achieve annual sales of one lakh units by 2025. The Czech brand, which has been in the count...
By Our Special Correspondent in Calcutta

India  /  Published 04.12.19

Opposition slams government over state of economy

The Opposition on Wednesday attacked the central government in Lok Sabha over the slowdown in the economy, which has hit a six-year low of 4.5 per cent during the second quarter of the current fiscal....
By PTI in New Delhi

Business  /  Published 24.04.20

Brakes on auto plans

The Centre’s move to put Chinese FDI under scrutiny will stall and delay investments by two Chinese auto companies, according to industry sources. SAIC-backed MG Motor India has invested Rs 3,000 cr...
By Anasuya Basu in Calcutta

Jharkhand  /  Published 19.08.19

The human cost of a slowdown

It was a choice between survival and continuing his children’s studies for Siglu Lohar, a forklift operator and driver at an industrial unit in Adityapur.With the auto industry in the throes of a ma...
By Animesh Bisoee in Jamshedpur

India  /  Published 16.08.19

Auto crisis hits Hero plants too

Hero MotoCorp, the country’s largest two-wheeler maker, has announced plans to close its plants for four days in August, deepening the gloom in the automobile industry.The crisis seemed to worsen wi...
By TT Bureau in New Delhi

Business  /  Published 19.04.20

Vehicle sales slump fear

The Covid-19 pandemic will have a severe impact on domestic passenger vehicles (PV) in 2021-22. The overall wholesale dispatches will decline 10-12 per cent in the current financial year. Market senti...
By Our Special Correspondent in Calcutta

Business  /  Published 15.04.20

Mercedes-Benz India reports 38% decline in sales

German luxury car maker Mercedes-Benz India reported a massive over 38 per cent decline in sales at 2,386 units in the March quarter.The company had posted a total sale of 3,885 units clocked in the c...
By PTI in Mumbai

Business  /  Published 12.04.20

Outlook weak for trucks

The commercial vehicle (CV) segment will see a demand contraction of 8-14 per cent over the near term, according to Icra estimates. The coronavirus pandemic has aggravated the challenges faced by the ...
By Our Special Correspondent in Calcutta

Opinion  /  Published 15.09.19

Nirmala Sitharaman's laughable logic

Sir — The reasons provided by the Union finance minister, Nirmala Sitharaman, for the slump in sales in the automobile industry elicited a lot of laughter (“Serious problem”, Sept 13). Sitharama...
By The Telegraph in

Business  /  Published 09.09.19

Ashok Leyland to suspend production at various plants for September

Automobile company Ashok Leyland on Monday said it will suspend work at its various manufacturing facilities across the country for September in order to adjust production with market demand.The compa...
By PTI in Chennai


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