The industry captains also sought liquidity support to component makers and dealerships
01 May 2020 4:10 PM
Car sales last month were also down 8.1 per cent at 1,64,793 units as against 1,79,324 units in the January last year.
10 Feb 2020 10:45 AM
Total commercial vehicles saw a dip of 14.99 per cent to 8,54,759 units as against 10,05,502 units in 2018.
11 Jan 2020 10:52 AM
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
27 Dec 2019 10:57 AM
Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.
10 Dec 2019 11:39 AM
Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units.
11 Oct 2019 11:47 AM
At present, 60 per cent of auto components are taxed at 18 per cent.
21 Sep 2019 12:17 PM
It has been urged to report monthly sales data based registrations instead of wholesales from factory gate.
13 Sep 2019 2:28 AM
Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.
09 Sep 2019 11:59 AM
The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.
02 Sep 2019 3:05 PM
BS-IV vehicles purchased up to March 2020 will remain operational for entire period of registration, FM Nirmala Sitharaman said.
23 Aug 2019 8:17 PM
PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.
15 Aug 2019 1:07 PM
Auto industry has been opposing proposal by Niti Aayog to push for full conversion to EVs for ICE three-wheelers by 2023.
14 Aug 2019 5:06 PM
Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.
13 Aug 2019 3:15 PM
In fact, all vehicle categories witnessed decline in sales during the month.
13 Aug 2019 11:48 AM
As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.
07 Aug 2019 6:54 PM
In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.
07 Aug 2019 5:09 PM
Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.
10 Jul 2019 7:40 PM
Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data by SIAM.
10 Jul 2019 12:53 PM
SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.
03 Jul 2019 3:11 PM