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Auto Industry

Here Are Auto Insurance Add-Ons To Better Protect Your Car This Monsoon

Get your vehicle monsoon-ready with the right auto insurance add-ons. Explore the recommended coverage options available and protect your car from potential damages caused due to heavy rains and waterlogging

08 June 2023

Maruti Suzuki.

Working On All Technologies To Reduce Carbon Footprint: Maruti

Maruti Suzuki has the least amount of fleet carbon emission among all car manufacturers in India, it says

20 February 2023

Toyota Kirloskar Motor

 Toyota's CEO-To-Be Outlines Leadership Team Bullish On EVs

Toyota officials have always said they have BEV technology, which stands for “battery electric vehicles,” or pure EVs. But that market has so far been dominated by the likes of Tesla, Japanese rival Nissan and BYD of...

13 February 2023

Unseasonal Rains, High-Interest Rates Make Auto Industry Cautious About Growth Prospects

As per data shared by the dealers' body, the total domestic vehicle retail sales stood at 2,21,50,222 units in FY23 against 18,3,27,326 units in FY22.

09 April 2023

ICRA

Commercial Vehicle Industry Volumes To See 7-10% Growth In FY24: ICRA

The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion

14 February 2023

Tata Motors Jaguar Land Rover

Tata Motors Shares Jump Over 8% After Strong December Quarter Earnings

The Mumbai-based auto major had reported a net loss of Rs 1,451 crore in the October-December quarter of the previous fiscal.

27 January 2023

Foreign Trade Policy To Help India Become Major Player In Global Trade: Auto Industry

Auto components industry body ACMA President Sunjay J Kapur said the policy is another step towards a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive India to become a significant player in the...

31 March 2023

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Union Minister Nitin Gadkari.

Auto Industry Needs To Enhance Safety Features To Reduce Deaths In Road Accidents: Gadkari

Gadkari's sentiments were also echoed by Minister of Heavy Industries Mahendra Nath Pandey, who lamented that while India has only 1 per cent of the total overall vehicles, the country accounts for 11 per cent of the total...

12 January 2023

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29 December 2022
India Aims To Double Auto Industry Size To Rs 15 Lakh Crore By 2024 End: Nitin Gadkari

India Aims To Double Auto Industry Size To Rs 15 Lakh Crore By 2024 End: Nitin Gadkari

The Union Minister also said that his ministry will carry out project works worth Rs 5 lakh crore next year


20 December 2022
Uniform Tax On Small, Big Cars Will Not Augur Well For Auto Industry Growth: Maruti Suzuki Chairman

Uniform Tax On Small, Big Cars Will Not Augur Well For Auto Industry Growth: Maruti Suzuki Chairman

He also said India's economic growth rate could be higher if the manufacturing sector grows fast, which 'unfortunately' has remained a laggard despite the best...


17 December 2022
Auto Industry Body Hails GST Council's Clarification On The Definition Of SUVs

Auto Industry Body Hails GST Council's Clarification On The Definition Of SUVs

On Saturday, the Society of Indian Automobile Manufacturers welcomed the GST Council's clarification on the SUV definition, saying it is in line with its...


04 December 2022
Maruti Suzuki May Fall Short Of 20-Lakh-Units Production Target This Fiscal: Official

Maruti Suzuki May Fall Short Of 20-Lakh-Units Production Target This Fiscal: Official

Semiconductor shortage had impacted the company's production in the beginning of the fiscal although it has gradually improved


11 July 2022
China Auto Sales Rebound In June After Weak First Half

China Auto Sales Rebound In June After Weak First Half

Sales in January-June rose to 10.4 million, according to the China Association of Automobile Manufacturers. June sales jumped 41.2% over a year earlier to 2.2...


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22 June 2022
3 Insurance Covers To Add Extra Protection To Your Car This Monsoon

3 Insurance Covers To Add Extra Protection To Your Car This Monsoon

The monsoon is just round the corner. Equip your car with the right insurance cover to enjoy a hassle-free ride this rainy season.


31 May 2022
Higher Home Loan Rates, Auto Insurance And Three Other Changes to Expect In June

Higher Home Loan Rates, Auto Insurance And Three Other Changes to Expect In June

Here are five key financial and operational modifications that will take effect in June and have an impact on one’s financial life


05 May 2022
Auto Retail Sales Grow 37% In April On Low Covid-Hit Base Effect

Auto Retail Sales Grow 37% In April On Low Covid-Hit Base Effect

Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period.


04 March 2022
Russia-Ukraine conflict to worsen chip shortage: Report

Russia-Ukraine conflict to worsen chip shortage: Report

The chip shortage will impact automakers, electronic device manufacturers, phone makers, and many other sectors that are increasingly reliant on chips


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