Tag: auto industry
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Economic slowdown ‘very worrisome’, new set of reforms wanted: Former RBI governor Raghuram Rajan – www.NavaIndia.com
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New Delhi: Former RBI Governor Raghuram Rajan has called a slowdown in the economy "very worrisome" and ...

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Passenger automobile retail gross sales fall 11% in July, hit by weak demand throughout the nation: Industry physique FADA – www.NavaIndia.com
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New Delhi: Retail sales of passenger vehicles (PV) declined by 11 percent to 2,43,183 units in July as ...

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Sundaram-Clayton, Hero MotoCorp announce non permanent manufacturing shutdown amid slowdown in auto business – www.NavaIndia.com
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New Delhi: TVS group auto component maker Sundaram-Clayton Ltd (SCL) on Friday said it will be shutting its ...

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Auto business hails PM’s assurance on co-existence of typical engine autos, EVs – www.NavaIndia.com
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New Delhi: Auto industry players on Wednesday welcomed Prime Minister Narendra Modi's assurance that ...

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Passenger car gross sales drop by 31% in July, steepest in previous 19 years; 15,000 employees lose jobs – www.NavaIndia.com
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New Delhi: Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping ...

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Auto shares tumble as much as 9% as gross sales in India see sharpest fall in 19 years in July – www.NavaIndia.com
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New Delhi: Auto stocks tumbled up to 9 percent on Tuesday after industry body SIAM reported that automobile ...

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Mahindra and Mahindra to droop manufacturing for 8-14 days in Q2 throughout vegetation to align with demand – www.NavaIndia.com
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New Delhi: Homegrown auto major Mahindra & Mahindra (M&M) said on Friday that it will be suspending ...

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Auto business unanimous on its demand for instant GST discount on vehicles to 18%: SIAM – www.NavaIndia.com
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New Delhi: The auto industry is unanimous on its demand for an immediate GST reduction on automobiles to 18 ...

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Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra – www.NavaIndia.com
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Mumbai: Pitching for a lower GST or a rollback of the cess to pull the automobile industry out of the ...

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Auto business seeks stimulus bundle from govt as sector hit by unprecedented droop in gross sales – www.NavaIndia.com
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New Delhi: Auto industry leaders on Wednesday asked the government for a stimulus package, including GST ...

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