Industry: Auto


“The current import duty concessions should continue, so that the vehicles do not end up becoming costlier”, said SMEV Director-General Sohinder Gill.
Jan. 17, 2019, 10:27 a.m.

FAME II is likely to draw investment of about Rs 5,500 crore over five years which will provide subsidies for all types of electric vehicles.
Jan. 17, 2019, 10:25 a.m.

Slower sales and rising unsold inventory led to forced production cuts at OEMs.
Jan. 17, 2019, 8:27 a.m.

The automobile manufacturers had sought a year’s time, expressing their inability to source high grade steel locally soon citing inconsistent quality.
Jan. 14, 2019, 1:48 p.m.


India welcomes Chinese industries participation and investment in the expansion of Indian Electric Vehicles (EV) Market.
Jan. 14, 2019, 10:24 a.m.

Domestic passenger vehicle sales declined in December 2018 for the fifth time in the past six months, as manufacturers reduced wholesale dispatches to dealers in order to cut inventory pile-up after a tepid festive season.
Jan. 14, 2019, midnight
Publisher: youtube.com

In order to maximise the use of electric mobility in their own departments, the government on Wednesday installed charging points at the North Block and also deployed 15 such vehicles for its officers.
Jan. 9, 2019, 3:53 p.m.

We expect the companies in our coverage universe to report a decline in 3QFY19 earnings on YoY as well as QoQ basis on account of multiple headwinds like waning demand, unfavourable operating scenario and rising commodity costs.
Jan. 9, 2019, 11:34 a.m.
Publisher: nirmalbang.com

We expect the companies in our coverage universe to report a decline in 3QFY19 earnings on YoY as well as QoQ basis on account of multiple headwinds like waning demand, unfavourable operating scenario and rising commodity costs.
Jan. 9, 2019, 11:34 a.m.
Publisher: nirmalbang.com

Finance Minister Arun Jaitley inaugurates electric vehicle charging station in North Block and hands over 15 electric vehicles.
Jan. 9, 2019, 10:09 a.m.