Auto Sector
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'Some car companies need a little bit of time': Trump hints at probable U-turn on auto-tariffs
World | Apr 15, 2025, 12:56 PM ISTIn recent days, US President Donald Trump appears to have softened his hard stance over his administration's trade policy. Last week, he authorised a 90-day pause in tariffs for the majority of nations, excluding China. In a recent remark, Trump suggested a U-turn on tariffs in the auto sector.
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Auto sector sees 9% growth in H1 FY24, fueled by record passenger vehicle, three-wheeler sales: FADA
Auto | Oct 12, 2023, 03:00 PM ISTThe resilient performance extended to all segments of the auto industry, with record-breaking passenger vehicle retail sales, a substantial rise in three-wheeler registrations, and increased sales of two-wheelers, commercial vehicles, and tractors.
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Indian auto sector sees 92% decline in deal activity amid EV boom
Auto | Jul 12, 2023, 09:20 PM ISTPrimarily influenced by the private equity (PE) segment, the automotive industry in India has entered a transformative phase, embracing alternative fuel technologies and innovative mobility solutions in the EV era, according to the report by Grant Thornton Bharat.
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Sensex, Nifty end marginally up amid recovery in global markets
Market | Jun 28, 2022, 04:32 PM ISTThe 30-share BSE Sensex settled up 16.17 points or 0.03 percent at 53,177.45. During the day, it had declined 389.75 points or 0.73 percent to 52,771.53. The NSE Nifty gained 18.15 points or 0.11 percent to 15,850.20.
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Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks
Market | Jun 23, 2022, 04:31 PM ISTFrom the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS and Hindustan Unilever among others were the major gainers. On the other hand, Reliance Industries, NTPC, Power Grid and UltraTech Cement were the laggards.
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Modi govt's big boost for auto sector: Rs 26,000 crore PLI scheme approved; to create 7.5L jobs
Auto | Sep 15, 2021, 09:24 PM ISTThe PLI scheme will incentivize the emergence of advanced automotive technologies' global supply chain in India.
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Cabinet may approve revised PLI scheme for auto sector today
Auto | Sep 15, 2021, 08:21 AM ISTSIAM said that the PLI scheme announced by the government will increase competitiveness and take the growth of the sector to the next level.
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Passenger vehicle wholesales in India rise by 45 per cent in July: SIAM
Auto | Aug 12, 2021, 01:35 PM ISTMotorcycle sales were at 8,37,096 units last month as against 8,88,520 units in July 2020, down 6 pc.
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Tata Motors, Tata Power jointly inaugurate solar carport in Pune
Auto | Jun 18, 2021, 02:58 PM ISTThe 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons over its lifecycle, a regulatory filing said.
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Hyundai drives in new SUV Alcazar at Rs 16.3 lakh
Auto | Jun 30, 2021, 05:12 PM ISTThe country's second largest passenger vehicle maker is looking to further consolidate its position in the fast-growing SUV segment with the introduction of Alcazar which comes with six and seven seat configurations.
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JLR drives in new Range Rover Velar in India tagged at Rs 79.87 lakh
Auto | Jun 16, 2021, 02:56 PM ISTThe new Velar is available in the R-Dynamic S trim with 2-litre petrol and diesel powertrains.
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BMW S 1000 R motorcycle launched in India at Rs 17.9 lakh
Auto | Jun 16, 2021, 02:45 PM ISTThe 2nd generation BMW S 1000 R is being imported as a completely built-up unit and can be booked at all BMW Motorrad India dealerships from Tuesday onwards, the group said in a statement.
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Budget 2021: Sitharaman announces Voluntary Vehicle Scrapping Policy - What is it?
Business | Feb 01, 2021, 12:28 PM ISTFinance Minister Nirmala Sitharaman presented the Union Budget 2021-22 on Monday, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
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COVID-19 may result in job losses in dealerships worse than last year's auto sector slowdown: FADA
Business | Jun 14, 2020, 11:54 AM ISTAutomobile dealers' body FADA fears that the coronavirus pandemic could result in job losses in dealerships which could be worse than what was experienced last year when over two lakh jobs were lost due to a prolonged slowdown in the automobile industry
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India to become auto manufacturing hub in next 5 years: Gadkari
Auto | May 29, 2020, 11:23 AM ISTUnion Transport Minister Nitin Gadkari told India TV, in an exclusive conversation, that India is taking steps in the direction of becoming the hub in auto manufacturing in the next 5 years. Speaking on India TV's #TeamModiOnIndiaTv platform Gadkari said that it will be a part of the 'Atmanirbhar Bharat' and India would cut its dependency on China for products and start producing them at home.
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Auto cos face extended slowdown, sales to cross lower FY20 numbers only by FY24
Auto | May 07, 2020, 03:41 PM ISTAutomobile makers are in for tough period at least in the short to medium term as the period of poor sales is expected to continue well into the first half of current fiscal year with only a moderate recovery thereafter.
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Auto industry well prepared to deal with coronavirus impact, says Mercedes-Benz official
Business | Mar 06, 2020, 03:10 PM ISTThe global automobile industry is well prepared to deal with the impact of the coronavirus outbreak due to its strong supply chain management mechanism, according to a senior Mercedes-Benz official.
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Haryana centre to skill women for jobs in auto sector
Business | Feb 29, 2020, 07:05 PM ISTA training centre for skilling women to get jobs in the automobile sector was inaugurated on Saturday at the IIT in Ambala in Haryana.
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Exclusive | Big Boy Toyz Sales Director Nipun Miglani in Conversation with India TV
News | Feb 14, 2020, 02:31 PM ISTBig Boy Toyz sales director Nipun Miglani in an exclusive conversation with India TV spoke of several issues pertaining to the current state of auto sector in India. He spoke of how the sales of new cars have affected the used car market in India.
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Big Boy Toyz to open new stores in Ahmedabad, Kolkata
Auto | Feb 12, 2020, 11:22 AM ISTIndia' largest buyer and seller of luxury used cars, Big Boy Toyz, is all set to expand its business to Kolkata and Ahmedabad. The plans to open new stores is in its initial stages of development and could be implemented by 2020-21 financial year.