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Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan, Tata Motors expect near-flat industry growth in FY19

In the current fiscal, the automotive industry is expected to witness flat growth," president of Nissan Motor India.

23 Jan 2019 5:44 PM IST

The slowdown in the automobile industry, some of which have continued from FY19 and intensified in FY20, would result in a sharp decline across segments. However, tractor volumes, recovering in August 2019, has brought some cheer to the industry due to an improvement in monsoons and Kharif sowing, along with an early festive season. Tractors had clocked a 14 per cent decline during April-July.

Auto sales to decline sharply across segments this fiscal

It said the PV sales decline would be in the range of 4-7 per cent and M&HCV trucks would drop in the 0-5 per cent range...

30 Aug 2019 1:19 AM IST

The report also pointed out that illegal sand mining ban, stalling of construction has hit sales of tractor.

Cheerless festival ahead for autos

On government's intervention with a stimulus package, he said there was no certainty if this would happen.

23 Aug 2019 1:34 AM IST

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Low single digit growth seen for tyre firms

Higher spend towards servicing debt-funded capex will squeeze the margins as well.

7 Aug 2019 2:13 AM IST

In a bid to prevent vehicle thefts or misuse of stolen vehicles, the Central government has directed auto makers to affix laser-oriented microdots in their vehicles and parts, which can be read only by microscopes under ultraviolet light sources.

Auto industry to gain most from tax cut

However, the industry itself and sector analysts are optimistic that the worst is over.

24 Sept 2019 1:55 AM IST

Automakers in India want a temporary tax cut on cars, trucks and motorbikes . (PTI Photo)

India's automakers seek tax cut to boost demand

Passenger vehicle sales in India fell 18% in the year to end-March 2020

19 April 2020 9:16 AM IST