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auto sector

Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

by Horatio Thompson
Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

New Delhi: Car discounts have doubled from August last year and are likely to stay high through the festive season, till end of December, as carmakers and dealers rush to …

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Fallout from Japan’s car testing scandal spreads, ensnares Honda

by Walter Watson
Fallout from Japan’s car testing scandal spreads, ensnares Honda

“But Toyota and the other companies say they wanted to test and certify under global rules that are followed by the US and European countries and set even higher conditions.” …

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Mahindra Group to invest Rs 37,000 crore in auto sector, plans to launch 23 new vehicles by 2030

by Horatio Thompson
Mahindra Group to invest Rs 37,000 crore in auto sector, plans to launch 23 new vehicles by 2030

Mahindra Group has announced a massive investment plan of Rs 37,000 crore over the next three years, with a significant portion dedicated to the auto sector. Anish Shah, the Managing …

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Sales of cars, sedans, utility vehicles see their best-ever February

by Horatio Thompson
Sales of cars, sedans, utility vehicles see their best-ever February

Sales of cars, sedans and utility vehicles in the local market increased in healthy double-digits to their best-ever level for the month of February at 373,177 units on back of …

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India’s new aspiring middle class to fuel economy, mobility sector growth: PM Modi at Bharat Mobility Show

by Horatio Thompson
India’s new aspiring middle class to fuel economy, mobility sector growth: PM Modi at Bharat Mobility Show

India has a new aspiring middle class of 250 million people who will fuel growth, also in the mobility sector, Prime Minister Narendra Modi said in his address at the …

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Auto companies log best-ever November sales on robust festive demand

by Horatio Thompson
Auto companies log best-ever November sales on robust festive demand

Passenger vehicle (PV) sales in the domestic market grew in single digits last month, on a high base, to the highest-yet levels recorded for the month of November, driven by …

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Auto news: Auto sector to see moderate growth in FY24, uneven monsoon’s impact on rural demand a concern: ICRA

by Horatio Thompson
Auto news: Auto sector to see moderate growth in FY24, uneven monsoon’s impact on rural demand a concern: ICRA

India’s domestic automobile industry is expected to record moderate growth in volumes in FY24, but a sustained recovery in demand sentiments remains to be seen, amid concerns over the impact …

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No country can match India’s potential for growth in car market: RC Bhargava, Maruti Suzuki

by Horatio Thompson
No country can match India’s potential for growth in car market: RC Bhargava, Maruti Suzuki

RC Bhargava, Maruti Suzuki, shares his views on India’s automobile markets. Edited excerpts: ET Now: Let’s talk about the automobile market…RC Bhargava: India is now the biggest growing market in …

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