Auto industry crisis: Passenger vehicle sales declined 23.7% in September, shows data

Motorcycle sales dived 23.29% year-on-year to 10,43,624 units, while two-wheeler sales fell 22.09%.

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· Oct 11, 2019 · 12:48 pm

Auto sector crisis: Ashok Leyland shuts several plants for up to 15 days this month

The commercial vehicle manufacturer said this was done to align its production with the sales.

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· Oct 04, 2019 · 06:41 pm

Auto sales continued to slump in September but manufacturers look forward to festive season

Maruti Suzuki sold 1.1 lakh domestic cars, a drop of 27% from same month last year.

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· Oct 02, 2019 · 11:35 am

Rahul Gandhi calls Sitharaman’s millennial mindset theory foolish, asks Centre for concrete plan

Priyanka Gandhi Vadra said the BJP government was confused about the economy.

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· Sep 12, 2019 · 04:05 pm

Maruti Suzuki says millennials’ preference for Uber, Ola not a ‘strong factor’ in auto sector crisis

The car maker’s executive director said a detailed study was needed before arriving at any conclusion for the slowdown.

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· Sep 12, 2019 · 02:06 pm

Nirmala Sitharaman’s millennial mindset comment is a ‘grave joke’ on the economic slowdown: Congress

The party spokesperson alleged that the BJP used such logic to shrug off responsibility and blame others for its own state of the economy.

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· Sep 12, 2019 · 07:54 am

Millennials’ preference for Ola and Uber adding to auto sector crisis, claims Nirmala Sitharaman

The Union finance minister told reporters in Delhi that the automobile and components industry was ‘affected by BS-VI and the mindsets of millennial’.

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· Sep 10, 2019 · 08:18 pm

Passenger vehicle sales show worst monthly decline since at least 1997, fell over 31% in August

The decline in passenger car sales was 41%, also the worst ever slump recorded.

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· Sep 09, 2019 · 01:37 pm

Ashok Leyland shuts seven facilities for up to 18 days this month due to poor demand

The manufacturing plant in Pantnagar, Uttarakhand, will be closed for 18 days, while the Ennore plant near Chennai will be shut for 16 days.

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· Sep 09, 2019 · 12:43 pm

In Haryana, workers laid off from the automobile sector struggle to find new opportunities

Some of these workers had found temporary jobs with political parties for the upcoming Haryana Assembly elections.

Vijayta Lalwani

· Sep 08, 2019 · 09:00 am

Auto sector crisis: Ashok Leyland to shut down production for 5 days at Ennore plant, say reports

The plant, which saw almost 10 days of no production last month, has been affected by a 70% fall in sales of medium and heavy commercial trucks in August.

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· Sep 06, 2019 · 10:10 am

‘No plan to ban petrol, diesel vehicles,’ Union minister Nitin Gadkari assures automobile sector

The minister assured the industry of all the help it needs from the government, including a push for lower GST.

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· Sep 05, 2019 · 02:35 pm