Auto industry

'Win-Win Situation': Nitin Gadkari Urges Auto Industry To Promote Vehicle Scrapping Policy

Nitin Gadkari said the automakers should work towards ramping up their production capacity and support the country to become the largest auto industry in the world.

Sep 26, 2023, 10:22 AM IST

India's Auto Parts Manufacturing Industry To Reach $80 Billion By 2026 Thanks To MSMEs

The Indian Auto Component industry is witnessing remarkable growth in exports, currently valued at $13.3 billion in FY21. 

Jul 21, 2023, 21:11 PM IST

Indian Automobile Industry Terms Budget 2023 as Growth-Oriented: Check Reactions

Finance Minister Nirmala Sitharaman proposed to further provide impetus to green mobility by extending subsidy on electric vehicle batteries. 

Feb 01, 2023, 18:56 PM IST

Union Budget 2023: Expectations and Suggestions for Indian Automotive Sector

The biggest focal point of the Indian automotive industry currently is Electric vehicle which is on the rise in terms of adoption and awareness.

Jan 26, 2023, 16:04 PM IST

Indian auto industry ends 2022 on a HIGH! Passenger vehicle sales rise 23 percent to record of 37.93 lakh units

Due to less challenges of COVID-19 pandemic, and "an element of pent up demand", the year 2022 turns out to be the best in the Indian automotive industry.

Jan 01, 2023, 18:16 PM IST

Zee Auto Awards 2022 LIVE updates: Check Winners, Nominations, Nitin Gadkari’s speech, panel discussion, and more here

Zee Auto Awards 2022 LIVE updates: Here are all the live proceedings of the event with panel discussions, categories, nominations, winners, and Union Minister Nitin Gadkari's speech.

Nov 01, 2022, 17:47 PM IST

Zee Auto Awards 2022: A preview - Check all categories and nominations HERE

After a stupendous first edition, the Zee Auto Awards are back to business to honour the best launches from the Indian automotive industry in the past one year.

Oct 26, 2022, 13:17 PM IST

October 2022 to be BEST year for auto sales in this decade: Report

As per the report, sales of two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), and commercial vehicles (CV) went up 9 percent, 72 percent, 10 percent, and 19 percent, respectively.

Oct 04, 2022, 18:45 PM IST

Madhya Pradesh auto industry to drive next phase of growth for Indian auto sector

The Indian auto industry is expected to record strong growth in 2022-23, following the recovery from the effects of the Covid-19 pandemic. This growth is expected to reach up to ₹ 18.18 trillion ($282.8 billion) by 2026.

Apr 29, 2022, 19:05 PM IST

Respite for Auto industry: Union Minister Prakash Javadekar hints at GST rate cut for vehicles

The Heavy Industries Minister also shared that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely "very soon".

Sep 04, 2020, 18:18 PM IST

Centre sensitive to slowdown in auto sector: Maruti CEO

According to Maruti Suzuki Chief Executive Kenichi Ayukawa, the government is sensitive to the implications of the auto sector slowdown and is taking steps to reverse it.

Sep 05, 2019, 14:38 PM IST

Double whammy for auto sector as July exports dip

According to the Engineering Export Promotion Council (EEPC) of India analysis, the export market for auto manufacturers, along with their component vendors, has been depressed, in-sync with other key engineering export items from the country.

Sep 05, 2019, 12:41 PM IST

Auto industry value chain pins hopes on healthy festive sales

The automobile industry value chain includes parts manufacturers, OEMs, dealerships and workshops. The entire value chain is one of the largest employers in the country and has a substantial contribution to the country's GDP.

Sep 05, 2019, 12:38 PM IST

One million jobs may be on the line as Indian auto industry slows down

Passenger vehicle sales have fallen 18.4% in the first quarter and monthly passenger vehicle sales in June fell by the biggest margin in 18 years.

Jul 25, 2019, 17:51 PM IST

Union Budget 2018: Here is how helathcare, infra, realty, agri and auto industry reacted

The FM announced massive spending on rural and urban infrastructure as also lower tax rates for small and medium enterprises.

Feb 02, 2018, 13:54 PM IST

SIAM seeks cess exemption on 10-13 seater vehicles

After GST implementation, the government exempted compensation cess only on ambulances that can carry up to nine persons.

Sep 11, 2017, 18:39 PM IST

Auto makers demand ban on 15-year-old vehicles to cut pollution

The industry body urged the government to come up with a legislation to ban such old polluting vehicles across the country.

Sep 07, 2017, 12:01 PM IST

Auto Industry laments lack of incentives for eco-friendly vehicles

Auto industry Wednesday expressed disappointment over the lack of higher incentives for hybrid and electric vehicles, besides ignoring of suggestions for fleet modernisation scheme in the Budget.

Feb 01, 2017, 22:15 PM IST

Demonetisation: How it affects the car industry

Post demonetisation, used car dealers are reporting a dip in business of around 60 percent, while new car sales have dropped by nearly 40 percent.

Nov 25, 2016, 13:29 PM IST

Check out the top cars of September 2016

September 2016 has been a good month for the auto industry.

Oct 13, 2016, 11:09 AM IST