Tag: Auto Industry

Festive Season to Provide Some Relief To Auto Industry: Ind-Ra
Automotive, Sectors

Festive Season to Provide Some Relief To Auto Industry: Ind-Ra

SMEStreet Edit Desk- September 19, 2020

But the relief could be temporary. Any additional measures by the government like Goods and Services Tax (GST) cut or adoption of scrappage policy can ... Read More

Auto Industry’s Profitability to Remain Weak in FY 21: Fitch Ratings
Automotive, Sectors

Auto Industry’s Profitability to Remain Weak in FY 21: Fitch Ratings

SMEStreet Desk- June 24, 2020

"Fitch expects India's real GDP to decline by 5 per cent in FY21 following multiple extensions of stringent lockdown measures in the country since the ... Read More

Auto Industry Experience Deadly & Steep Fall in March 2020
InFocus, Finance

Auto Industry Experience Deadly & Steep Fall in March 2020

SMEStreet Desk- April 2, 2020

The country’s largest car maker MSI saw its domestic wholesales dip 46.4 per cent at 79,080 units last month as against 1,47,613 units in March ... Read More

‘Auto Industry Expects Sales Growth to Come in Third Quarter of 2020’
News, Automotive

‘Auto Industry Expects Sales Growth to Come in Third Quarter of 2020’

SMEStreet Desk- January 13, 2020

The automobile industry recorded its worst-ever sales decline in two decades in 2019, with an unprecedented slowdown hampering vehicle offtake across segments. The overall wholesale ... Read More

Handling Difficult Times of Auto Sector
News, Automotive

Handling Difficult Times of Auto Sector

Faiz Askari- December 3, 2019

India’s auto sector has been going through tough times for the last one year. The sales are dipping, inventory piling up, and then there are ... Read More

Hyundai Declared No Production Days Due to Tough Auto Market Conditions
Automotive, Sectors

Hyundai Declared No Production Days Due to Tough Auto Market Conditions

SMEStreet Desk- August 19, 2019

Hyundai Motor India Ltd (HMIL) has declared "no production days" this month for some of its production departments owing to tough market conditions for the ... Read More

Electric Vehicles to Bring New Business Models for Indian Auto Industry
News, Analysis

Electric Vehicles to Bring New Business Models for Indian Auto Industry

SMEStreet Edit Desk- March 4, 2018

According to a survey done by Feedback Consulting, it will have impact on many industries whether they are polluting the environment or are working for ... Read More