Tag: Auto Industry
Auto Industry Suffers Fall of 13.7 % in March: SIAM
Two wheelers sales slipped by 13.19 per cent in March 2021 to 15.1 crore units as against 17.4 crore units sold in March 2020, the ... Read More
Festive Season to Provide Some Relief To Auto Industry: Ind-Ra
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
"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
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’
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
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
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