Page 16 - Automobile

India Inc welcomes RBI's rate cut, says will revive demand in auto, realty

Falling rates to help; rise in group exposure limits will support large companies

Contactless sales to benefit passenger car, two-wheeler segments: EY

Companies like BMW, Hyundai, Volvo and Peugeot have successfully deployed almost contactless online sales globally

From airlines to automobiles, businesses see washout in April amid lockdown

According to the Indian Cellular and Electronics Association of India, the loss in revenues for mobile device manufacturers during the lockdown has been Rs 20,000 crore

Coronavirus impact: Slowdown-hit automobile hub stares at dead end

The Gurugram-Manesar-Bawal belt, stretching up to Neemrana in Rajasthan, houses one of the largest auto clusters in India

Coronavirus lockdown: With no food or hope, truckers stranded across India

Some 500,000 drivers and helpers have been left high and dry across the many state borders because of lockdown, suggest estimates by the IFTRT

Closure of manufacturing plants to cost over Rs 2,300 cr loss per day: SIAM

Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor Company, Bajaj Auto, Yamaha and Suzuki Motorcycle have also suspended production.

Volvo Eicher sees no rush among transporters to buy BS-IV trucks

Automakers in India import about 10% of their raw materials from China

Shared mobility can unclog India's cities

India has a total of over 30 million passenger vehicles

Crude to snuff gains from weak rupee, muted global demand to hurt exports

Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited

Slow economy, weak sentiment to continue weighing on auto sales: Fitch

Vehicle sales have been hampered by weak consumer sentiment and still-weak availability of financing following tighter liquidity at non-banking lenders since the middle of 2018

Slowdown hangs heavy over Auto Expo; Indian 2-wheeler cos give it a miss

The absence of various manufacturers from the show was compensated by the Chinese companies

China's largest SUV maker Great Wall commits $1 bn investment in India

Speaking at the Auto Expo here, he said the company also intends to use manufacturing capabilities in India to export to other countries

Coronavirus: Hyundai stops production in South Korea over shortage of parts

The outbreak of the coronavirus had disrupted the supply of parts for Hyundai, the company said

Coronavirus: Hyundai stops production in South Korea over shortage of parts

The outbreak of the coronavirus had disrupted the supply of parts for Hyundai, the company said

Budget: Telecom, auto sectors stay in stress zone with no direct relief

All three sectors had lobbied hard but the Budget did not offer any respite

Tata's IHCL adds 24 hotels to portfolio so far this fiscal, says CEO

On the impact of the coronavirus outbreak, Gupta said,"We expect significant disruption in supply chain from European and Chinese/Asian suppliers"

Germany's Bosch warns 'peak car production' may already lie in the past

Bosch is pumping massive investments into electric mobility and autonomous and connected driving

Budget 2020: SIAM seeks incentive-based scrappage policy, GST rate cut

Seeking a turnaround in fortune, the auto industry has been seeking government support and reduce the burden of transition to BS-VI with lower GST rate

Fiat Chrysler asks US court to toss out GM racketeering claims: Report

The company has previously said GM's suit is baseless and aimed at disrupting the Italian-American automaker's proposed merger with France's Peugeot SA

Maruti signals exit from diesel space; Hyundai gears up to dominate segment

From April 1, Bharat Stage (BS)-VI emission norms for automobiles will become mandatory across the country