automobile industry

Auto sales slide 5% YoY in Sept 2021; down 13.5% from September 2019 level

“The 2W category continues to play spoilsport as the entry level segment is yet to witness healthy growth.

published on : 8th October 2021

Bounce-back slows on Covid fears, damp consumer sentiment

In Mumbai, August registrations of home sales fell 32% to 6,635 deals compared to the previous month of July, after lower stamp duty sops were withdrawn.

published on : 1st September 2021

Indian automobile industry facing many immediate, medium-term challenges: Kenichi Ayukawa

The COVID-19 pandemic has further caused negative growth for the industry pushing volumes back by many years, SIAM President Kenichi Ayukawa said.

published on : 25th August 2021

After lull due to Covid, car exports pick up at Chennai, Kamarajar ports

Developed and produced in India, Renault had commenced exports to Nepal earlier this month.

published on : 3rd August 2021

Stakeholders' meet soon to discuss growth plans for automobile industry, says Union Minister Prakash Javadekar

Ex-Mahindra and Mahindra MD Goenka also said the auto industry today in India is bruised as even before the pandemic, it was almost stagnant for five years.

published on : 29th June 2021

Second wave dents auto firms’ recovery momentum

Analysts have now started lowering the sector’s growth outlook for this fiscal over the low base of 2020-21 when total auto sales fell over 13 per cent year-on-year. 

published on : 21st May 2021

BS-6 fuel coming ahead of schedule: Mixed reaction from automobile industry

Industry welcomes the move, but doesn’t intend to bring forward original deadline for BS-6 vehicles

published on : 16th November 2017