Just as the Indian auto sector’s recovery was accelerating, it ran into another speed bump

A global shortage in the supply of semiconductors is affecting the automotive industry.

Niharika Sharma, qz.com

· Yesterday · 01:30 pm

Electric vehicles could help fight India’s pollution crisis – but the lack of bank loans is a hurdle

About 40 lakh automobiles are sold every year in the country, out of which only a quarter are purchased outright – the other 75% are financed.

Amit Bhatt

 & 

Garima Agrawal

· Jan 04, 2021 · 07:30 am

Tesla to start operations in India early 2021, says Nitin Gadkari: Report

The Union minister said that the electric vehicle company will first begin sales operations and then look to assemble and manufacture cars.

Scroll Staff

· Dec 28, 2020 · 05:43 pm

Passenger vehicle sales rose 9.81% in September, shows data

Total sales across different vehicle categories, however, declined 10.24% year-on-year.

Scroll Staff

· Oct 08, 2020 · 05:51 pm

Tesla will launch in India in 2021, says Elon Musk

Musk made the revelation when a Twitter handle called Tesla Club India said it was hopeful that the company would enter the Indian market.

Scroll Staff

· Oct 02, 2020 · 09:35 pm

Harley-Davidson stops manufacturing, sales operations in India

The move is expected to lead to the retrenchment of 70 employees.

Scroll Staff

· Sep 24, 2020 · 07:35 pm

Toyota Motors will not stop investing in India, clarifies Centre after reports of halt in expansion

This came after Shekar Viswanathan, vice chairperson of Toyota’s local unit, said the company would not expand operations in India because of high taxes.

Scroll Staff

· Sep 15, 2020 · 08:38 pm

Commercial vehicle sales decline 88% in March as weak demand, coronavirus pandemic hit auto sector

Sales of passenger vehicles reduced by 51%, those of three wheeler vehicles by over 58%, and of two wheeler vehicles by nearly 40%.

Scroll Staff

· Apr 13, 2020 · 04:54 pm

Domestic passenger vehicle sales continued to slump in December, says industry body

Overall, passenger vehicle sales in 2019 declined 12.75% over the previous year to 29.62 lakh units.

Scroll Staff

· Jan 10, 2020 · 04:46 pm

Automobile sales dip sharply in December 2019, manufacturers say figures were expected

However, sales of Maruti Suzuki rose by 3.9% year-on-year in December.

Scroll Staff

· Jan 02, 2020 · 11:27 am

Maruti Suzuki among top gainers on Sensex as output rises for the first time in 10 months

The car company produced a total of 1,41,834 units last month – 4.3% higher than the same month in 2018.

Scroll Staff

· Dec 09, 2019 · 05:13 pm

‘If there is decline in automobile sales, why are there traffic jams,’ asks BJP MP

Uttar Pradesh leader Virendra Singh Mast claimed the slowdown talks were a conspiracy to ‘defame’ the government.

Scroll Staff

· Dec 05, 2019 · 09:09 pm