Auto industry

Check out the top cars of September 2016

September 2016 has been a good month for the auto industry.

Oct 13, 2016, 11:09 AM IST

Diesel vehicles ban: Auto industry lost Rs 4,000 crore in 8 months

The Supreme Court, had earlier this month lifted the ban on the registration of such diesel vehicles with one percent environment cess.

Aug 30, 2016, 13:43 PM IST

Hiring in auto industry to remain under 5% in FY 2017

Hiring in automobile industry is expected to remain below 5 percent in the financial year 2017 when compared to 2016

May 21, 2016, 19:08 PM IST

Auto industry misses output target for FY16 by 18 %

Auto industry missed the target of producing 4.1 million passenger vehicles last fiscal under the Automotive Mission Plan 2006-16, although it exceeded the cumulative production target of 27.75 million units for the 10-year period by 1 percent.

Apr 10, 2016, 14:13 PM IST

Scientists find cause of Takata air bag explosions

Scientists hired by the auto industry have determined that multiple factors including moisture and high humidity can cause some Takata air bags to inflate with too much force and hurl shrapnel at drivers and passengers.

Feb 24, 2016, 14:49 PM IST

Hyundai, Kia see 2016 sales lagging auto industry growth

Hyundai and Kia are together the world`s fifth-largest automaker by sales.

Jan 04, 2016, 12:49 PM IST

SC decision on diesel vehicles isn't optimal: Auto industry

The industry players also called for a comprehensive view of various factors causing pollution to deal with the problem.

Dec 16, 2015, 16:15 PM IST

Car sales jump 10.39% in November! Find out which company sold most

For the 13th month in a row, domestic car sales in India rose with sales for the month of November crossing 10 percent.

Dec 11, 2015, 23:54 PM IST

'RBI status quo clears uncertainty, to help car buyers decide'

RBI keeping key interest rate unchanged will clear uncertainty and help car buyers firm up purchase decisions to cash in on year-end promotional offers, according to automobile industry players.

Dec 01, 2015, 19:49 PM IST

Two-wheeler sales may close 2-4% up this fiscal

The two-wheeler industry is likely to post a modest 2-4 percent volume growth this year but it is on course to reach 22-23 million units by 2017-18, rating agency ICRA said Thursday.

Nov 12, 2015, 18:57 PM IST

Auto industry exploring collaborations with Australian firms

A delegation representing the industry is on a visit to Sydney and Melbourne from August 10 to 14, to know about the local automotive technology and research, the Australian Trade Commission said in a statement.

Aug 10, 2015, 22:18 PM IST

Auto industry veteran Doug Betts joins Apple

Betts` account on the social networking website for professionals said he joined the Cupertino, California-based company with the title of `Operations - Apple Inc` in July.

Jul 21, 2015, 08:41 AM IST

Volvo selling remaining stake in Eicher for $278 mn

Sweden`s Volvo AB is selling 1 million shares in Indian auto firm Eicher Motors in a deal valued at $278 million, according to a term sheet seen by IFR.

Jun 03, 2015, 22:29 PM IST

RBI rate cut: Auto companies happy, look to banks to pass on benefit

Auto industry welcomed RBI's move to cut key interest rate by 0.25 percentage.

Jun 02, 2015, 15:51 PM IST

Ford India sales decline 4.67% at 11,714 units in May

Automaker Ford India Monday reported a 4.67 percent decline in its total sales at 11,714 units in May.

Jun 01, 2015, 19:32 PM IST

Ashok Leyland suspends production of Stile

Hit by poor sales, Hinduja Group flagship company Ashok Leyland has suspended the production of its first passenger vehicle - Stile, and has written down the investments made in the joint venture with Japanese auto maker Nissan Motor Company by Rs 214 crore, a top official said.

May 12, 2015, 22:16 PM IST

Volvo selling up to $300 mn worth of Eicher shares

Truck maker Volvo is looking to sell $250 million worth of shares in Eicher Motors, with an option to increase the sale to up to $300 million, according to a term sheet seen by Reuters on Tuesday.

Mar 03, 2015, 19:19 PM IST

Auto sector welcome EV boost, unhappy with excise rate

"We were looking forward to a stronger emphasis on the automobile industry from Budget 2015 but there doesn't seem to be much momentum on that front," Nissan India Operations President Guillaume Sicard told PTI.

Feb 28, 2015, 19:22 PM IST

Maruti Suzuki sales up 14% at 1,16,606 units in January

The company said its domestic sales increased by 9.3 percent during the month to 1,05,559 units as against 96,569 units in January 2014.

Feb 02, 2015, 11:51 AM IST

Suzuki's Gujarat plant work to start on Jan 28

Japanese auto giant Suzuki Motor Corporation (SMC) Friday said construction of its Rs 4,000- crore car manufacturing plant in Gujarat will start next week and the work will be completed by 2017.

Jan 23, 2015, 20:39 PM IST