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Latest Articles in auto industry

Elon Musk Signals At A Possible Recession For The Auto Industry

If the world's largest EV company warns on jobs and the economy, investors should reconsider their forecasts on margins and top-line growth, says Morgan Stanley analyst, Adam Jonas

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Commuters In Delhi Face Hardships As Auto, Taxi Unions Go On Strike

Commuters had a harrowing time as various auto-rickshaw, cab and taxi unions in capital went on a two-day strike on Monday to demand a CNG subsidy and fare revision in the wake of rising fuel prices

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Passenger Vehicle Dispatches Drop 27% In Oct As Semiconductor Shortage Hits Production

Passenger vehicle sales last month stood at 2,26,353 units, as compared to 3,10,694 units in the year-ago period.

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In High Demand

Is this festive season going to set order books of the manufacturers full? The domino effect from the pandemic lockdowns has resulted in a severe global semiconductor shortage and the auto industry is in distress. By Siddharth Shankar

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Cabinet Approves ₹ 26,058 Crore Production Linked Incentive (PLI) Scheme For Auto And Drone Industry

PLI Scheme for auto sector will bring fresh investments of over₹42,500 crore in five years and incremental production of over ₹ 2.3 lakh crore

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Transition Of Automobiles Towards Electric Mobility Inevitable: Niti Aayog CEO

Stating that India is a highly price sensitive market and Indians consumers are cost conscious, Kant said innovative business options such as battery swapping and leasing will reduce the upfront cost of batteries.

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Chip Shortage Recovery Expected In 2022: S&P Global Platts Report

India's vehicle industry faces headwinds from higher commodity prices, chip shortage and concerns of a fresh wave of COVID-19, reveals report.

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Renault, Kia Hail Vehicle Scrappage Policy, Term It Game Changer For Auto Industry

'The new policy was an imperative, long-awaited and will support the automobile industry and the ancillary support industry creating a win-win for all.

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Passenger Vehicle Sales Dip By 10%

According to the figures released by auto industry body SIAM, Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units in April as compared to March 2021. Passenger vehicle sales in March 2021, stood at 2,90,939 units.

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Passenger Vehicle Sales In India Up 18 Pc In February: SIAM

Motorcycle sales during the last month increased 11.47 per cent to 9,10,323 units as against 8,16,679 in February 2020.

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Union Budget 2021: Auto industry demands rationalisation of tax, scrappage policy

Union Budget 2021: Auto industry demands rationalisation of tax, scrappage policy

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Auto Industry: Customer in Driving Seat

India's auto industry is set to script a sharp recovery in 2021 marked by an emphasis on customer preferences, touchless experiences, sustainability, etc

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Indian Auto Component Industry clocks turnover of Rs 1.19 lakh cr, De-Grows 34% in H1FY2: ACMA

Industry net foreign exchange positive for the first time ever; Exports at Rs 39,003 crore, decreased by 23.6 per cent; Imports at Rs.37,710 crore, decreased 32.7 per cent, an official statement from ACMA said

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Innovative Designs Thinking In Auto Industry

The uncertainty caused by Covid-19 has been turned into a learning and innovation opportunity for the design team at Tata Motors.

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Top 5 innovations one can expect to revive auto component sector

India’s strong auto value chain is also promoting OEMs to focus on next-generation platforms and solutions.

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