Toyota demands lower taxes on cars, suggests road map for boosting Indian auto industry
In a recent interview, Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motors, suggested a road map to boost Indian auto sector by reducing taxes for a period of 10 years
Nov 28, 2022, 19:37 PM IST
Exclusive: Factors attracting millennials towards buying pre-owned cars in India
The changing ecosystem and trends in the automotive industry and the entry of start-ups and organised players are driving millennials closer to the used car ecosystem.
Jul 24, 2022, 12:45 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
Economic Survey 2022: Over 7 lakh car orders pending due to chip shortage
Due to problems with supply chains, many different industries have shut down or curtailed production.
Jan 31, 2022, 17:51 PM IST
Automakers to continue facing semiconductor shortages due to Covid surges
The auto components industry has experienced very challenging business cycles in the last few years due to shortage of semiconductor.
Jan 30, 2022, 17:59 PM IST
Indian car makers report sales growth in December amidst chip shortage; market leaders subside
While market leaders Maruti Suzuki and Hyundai reported a decline in sales, homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage.
Jan 03, 2022, 15:20 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
Ola's sputtering India electric vehicle trial a red flag for Modi plan
With an initial investment of about $8 million, Softbank-backed Ola launched the project last year at an event that had all the trappings of a state function, including a big gathering and flagging off by Transport Minister Nitin Gadkari.
Mar 09, 2018, 11:23 AM IST
Maruti Suzuki India retains top slot in passenger vehicle segment in January
According to the latest data from the SIAM, in the top 10 best passenger vehicles, Maruti's Alto retained the top position last month, with 21,462 units, as against 22,889 units in January 2015.
Feb 22, 2016, 17:43 PM IST
Sona Group founder Surinder Kapur passes away
Auto component maker Sona Group founder and chairman Surinder Kapur Tuesday passed away after a brief illness.
Jul 01, 2015, 03:00 AM IST
Swift crosses 13 lakh units sales mark in 10 yrs
Over 1.3 million Swift cars have been bought in India.
May 08, 2015, 14:04 PM IST
'Indian auto sector needs policy support to realise potential'
Slowdown in major global auto markets like China, Europe and Brazil offers India an opportunity to attract foreign investments but it will have to improve infrastructure as well as ease of doing business, and frame a policy to boost the sector, says JD Power.
Mar 04, 2015, 22:54 PM IST
Rolls-Royce looks to tap Indian billionaires
With India forecast to be world's fastest growing major economy by 2016-17, super luxury car maker Rolls-Royce is gearing up to tap the country's billionaires with new models, including new convertible and a potential SUV.
Feb 01, 2015, 20:32 PM IST
Auto industry to face stress due to stricter regulatory norms
The pressure would also increase because of emergence of new product segments, says the report based on the findings of 'KPMG Global Automotive Executive Survey'.
Jan 08, 2015, 17:35 PM IST
After a topsy-turvy 2014, automakers eye smoother 2015 ride
Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.
Dec 19, 2014, 14:04 PM IST
Keen to enter in India but high import duty a roadblock: Tesla
US-based premium electric car maker Tesla Motors is keen to enter the Indian market and has even identified the country as one of the possible locations to set up a manufacturing plant in Asia.
Nov 19, 2014, 18:48 PM IST
Indian auto industry can touch $300 bn mark by 2026: Study
It said commercial vehicle sales will rise to 3.9 million units from 0.7 million in FY14; of two-wheelers, to 55.5 million units from 16.9 million.
Sep 14, 2014, 11:10 AM IST
Automotive Mission Plan 2016 targets to be missed by up to 25%
The economic slowdown in the last three years that resulted in a demand slump will force the Indian auto industry to miss by up to 25 per cent of the targets set in ambitious Automotive Mission Plan (AMP) 2016.
Sep 12, 2014, 17:37 PM IST
Fiat Chrysler Automobiles to begin selling Jeep in India in 2015
By 2020 India will be the world`s third-largest auto market, behind China and the United States.
Jun 27, 2014, 09:37 AM IST
