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2 mins read
Uday Kotak says Kotak Mahindra Bank 'needs to be clear on lending' as profits dip by 10% in Q4
Kotak Mahindra Bank reported a 10% decline in consolidated net profit at ₹1,951.82 crore for the fo…
1 min read
Gulf Oil expects reforms to boost auto sector in Budget
Mumbai, Jan 28 () Lubes maker Gulf Oil expects the government to announce vehicle scrappage policy …
PTI
2 mins read
Indian auto manufacturers axed 350,000 jobs in four months — and there are more to go
Car and motorcycle makers have axed 15,000 jobs, while 100,000 jobs were lost at auto parts manu…
6 mins read
How CarDekho is thriving in a year of slump for the auto sector
CarDekho reported a 62% growth in its revenue to Rs 260 crore in the year ending March 2019. This p…
1 min read
Slowdown in auto sector cyclical; govt taking steps to support the sector
New Delhi, Nov 19 () Terming the slowdown in automobile sector as cyclical, the government on Tuesd…
PTI
1 min read
Have sent auto sector's Budget wish list to finance minister: Meghwal
New Delhi, Dec 23 () Union minister Arjun Ram Meghwal on Monday said his ministry has received 3-4 …
PTI
2 mins read
The untold crisis to befall India’s artists, artisans and weavers
But just as many if not more artists and artisans are caught in the economic spiral with less…
2 mins read
Suzuki cuts WagonR, Alto and other small car production by a massive 63%
While it has been trimming output since February. In August, it produced only 111,370 units, Suz…
2 mins read
Auto sector slowdown puts one million contractual jobs at risk
This accounts for nearly 10%-15% layoffs per company. What’s worse is that the industry pegs thi…
1 min read
Apollo Tyres top management takes a pay cut as Corona batters the auto sector
Furthermore, the senior management has taken a voluntary reduction of 15 per cent in salary in a…
PTI
1 min read
Auto sector slowdown due to loan related issues, BS-VI transition: Tata Motors
Indore, Jan 27 () The country's automobile industry will gather pace by July-August this year, a to…
PTI
1 min read
COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector
Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…
PTI
2 mins read
COVID-19 may result in job losses in dealerships worse than last year's auto sector slowdown: FADA
"There has been no closure of dealerships as yet. In the dealership business, as we are traders, t…
PTI
3 mins read
Kotak Mahindra Bank's earnings may reflect the pain in India’s auto sector as well as the rising job losses and pay cuts
The coronavirus lockdown in India has had a severe impact on banks and Kotak Mahindra Bank is no …
3 mins read
Property prices in three big Indian cities may fall due to millions of jobs lost in the auto sector
Millions of jobs have been lost in India’s auto sector as sales of both cars and trucks have been…
1 min read
The budget almost had nothing for the auto sector
Cash transactions limit only upto 3 lakh: Allocation of Rs 2,41,387 crore to the transport sector J…
HASAN BABAR
1 min read
Luxury car market’s dream of double growth may hit a roadblock. Here’s why
The luxury car market, which was upbeat about lower GST rate on large vehicles, may see a steep…
2 mins read
The best investment in the auto sector last year might come as a big surprise
Tesla did well, no doubt about it, up over 40% for the year. But with a nearly 90% yearly uptick, F…
Matthew DeBord,Andy Kiersz
1 min read
Ferrari was by far the best stock investment you could have made in the auto sector in 2019, but a closer look at GM, Ford, FCA, and Tesla tells a stunning story
I keep close tabs on the stocks of five publicly traded automakers: General Motors, Ford, Fiat Chry…