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  Maruti sales increase by 1.7% in January, Hyundai, Tata in the red

  Auto | February 02, 2020 8:41 IST

  Sales in the auto sector remained slow in the month of January. While India's largest car manufacturer, Maruti Suzuki, recorded a marginal gain, Hyundai and Tata Motors remained in the red. 

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  What's for Electric Vehicles segment in Budget 2020

  Business | February 01, 2020 17:54 IST

  Finance Minister Nirmala Sitharaman presented her second union budget with an aim to revive the economy and speed up growth amid global slowdown. Here's a quick guide as to what Budget has brought for the Electric Vehicles makers and consumers.

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  Union Budget 2020: Incentivisation tops automobile sector's wishlist after turbulent year

  Auto | January 27, 2020 15:40 IST

  On one hand, the automobile sector would look out for incentives to gain back its lost footing, while on the other it would want the government to boost its development prospects for the future. With the Budget all set to be announced on February 1, here are some automobile-centric expectations from the Union Budget 2020

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  Indian luxury car market to be flat in 2020, growth to return in 2021: Audi

  Business | December 29, 2019 11:22 IST

  The company, which is set to kick off 2020 with the launch of its flagship SUV Q8 in January followed by new version of A8 sedan in February, is cautiously optimistic about the year that will mark the transition to stricter emission norm BS-VI.

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  Auto sector slowdown affecting GST compensation cess kitty: Sushil Modi

  Business | December 06, 2019 21:23 IST

  The issue on raising the size of the kitty will be discussed in the next GST Council meeting, scheduled to be held on December 18. The meeting of all-powerful GST Council is going to be held in the backdrop of lower-than-expected GST collections.

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  Numbers show how sales of Maruti's top selling cars continue to slide

  Auto | October 10, 2019 12:12 IST

  Maruti Suzuki India (MSI) produced a total of 1,32,199 units in September as compared to 1,60,219 units the same month in 2018. Passenger vehicles production last month stood at 1,30,264 as compared to 1,57,659 in September 2018. This shows a decline of 17.37 per cent.

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  Maruti Suzuki: India's largest car manufacturer offers major price cut

  Auto | September 27, 2019 11:26 IST

  India's largest car manufacturer, Maruti Suzuki is offering major discounts to its customers. Maruti Suzuki is offering discounts upto Rs 1,12,000 on its highest selling cars.

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  Cars and bikes likely to go cheaper ahead of Diwali following tax rate

  Auto | September 21, 2019 10:50 IST

  The festival season is all set to bring good news for those planning to buy cars or bikes. Details inside.   

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  Auto value chain data sold to private parties in breach of privacy

  Business | September 20, 2019 10:20 IST

  The Vahan and Sarathi ministry maintains the Centralized National Registry through the National Informatics Centre and it contains approximately 25 crore vehicle registration records and 15 crore driving licence records. 

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  Slowdown-to-Scrap Yard: India's 'Cash for Clunkers' policy in offing to reverse auto sector slowdown

  Business | September 15, 2019 13:04 IST

  Several central government ministries are said to be in a huddle to finalise key aspects of the policy such as incentives for buying new vehicles in lieu of scrapping old ones along with deciding the parameters of eligible category of automobiles.

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  Sword hanging on livelihood of lakhs of Indians: Priyanka Gandhi on state of economy

  India | September 10, 2019 13:57 IST

  Priyanka Gandhi has launched a scathing attack on the Modi government vis-a-vis economic slowdown. "The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians," Priyanka Gandhi said.

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  Auto sector problem 'minor', will be resolved soon: Arjun Ram Meghwal

  Business | September 06, 2019 17:59 IST

  Addressing the annual convention of the Automotive Component Manufacturers Association of India (ACMA), the minister of state for heavy industries and public enterprises said issues plaguing the auto industry will be "tackled and settled".

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  Auto industry seeks govt help in smooth transition to BS-VI emission norms

  Business | September 06, 2019 15:14 IST

  Automotive industry body SIAM on Friday sought government intervention to help the sector in smooth transition to BS-VI emission norms from April next year, saying the prospect of abrupt stoppage of manufacturing and sales of BS-IV vehicles overnight posed a "monumental" challenge.

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  Government sensitive to slowdown in auto sector: Maruti Suzuki

  September 05, 2019 15:49 IST

  According to Maruti Suzuki Chief Executive Kenichi Ayukawa, the government is sensitive to the implications of the auto sector slowdown and is taking steps to reverse it.  

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  Crisis in auto sector: Steps Centre is taking to revive demand, supply

  August 24, 2019 12:47 IST

  According to Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera said the removal of ban on purchase of vehicles by government department and 15 per cent higher depreciation for all types of vehicles purchased before March 30, 2020 should also give a definite boost to vehicle demand in the short term, especially vehicles meant for commercial use. 

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  SIAM welcomes Sitharaman's announcement providing boost to auto sector

  Business | August 23, 2019 20:40 IST

  Affordability and availability of retail finance as well as finance for dealers was a major concern for the industry and the announcement today have adequately addressed concerns on both the fronts. The release of Rs 70,000 crore for PSU banks recapitalisation and Rs 20,000 crore for National Housing Bank will give banks and NBFCs enhanced liquidity in the system. Moreover, the linking of repo rate to interest rates charged for vehicle purchase would support lowering of EMIs for auto purchases, thereby boosting demand.

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  Auto industry's pain percolates to other businesses

  Business | August 11, 2019 18:37 IST

  At present, the economic condition of Gurugram and Manesar's industrial areas' local economy is grime as the slowdown has decelerated production, leading to job losses. The industrial belt houses an estimated 1,000 medium and small ancillary units comprising various vendors of raw materials and auto parts.

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  3,50,000 lay-offs since April: Worst downturn ever for Indian auto industry

  Business | August 07, 2019 19:24 IST

  The downturn -- regarded by industry executives as the worst suffered by the auto industry -- is posing a big challenge for Prime Minister Narendra Modi's government.

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  Ban on sale of BS-III vehicles: 5 reasons why SC order comes as a jolt to the auto sector

  March 29, 2017 19:26 IST

  The Supreme Court on Wednesday banned the sale and registration of vehicles which are not compliant with BS-IV emission norms from April 1.

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  Tepid sales, labour violence mark a rough year for auto sector

  December 27, 2012 11:48 IST

  New Delhi, Dec 27: Beginning with a bang amid all the glitz and glamour of the auto expo, the year will be ending with a whimper for the automobile industry as sales dwindle, and the