You Searched For "auto sales slowdown" and got 14 results
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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…
2 mins read
The maker of General Motors and Toyota's parts in India is folding up — axing thousands of jobs
Sluggish growth and falling sales over the last nine months has led to auto dealerships and plant s…
1 min read
With BSVI coming in, woes of Indian car makers are from over, says rating agency
The industry was caught in the midst of a massive slowdown with companies like Maruti Suzuki, Ta…
1 min read
A global investment firm has 'SELL' rating on 70% of Indian car makers because sales may not pick up speed
Indian automakers have been witnessing a massive slowdown in sales and that has resulted in stock a…
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…
1 min read
The Fed warns the auto glut could get worse
The combination of these factors - rising production rates combined with rising inventories due to …
Raul Hernandez
2 mins read
Tata Motors share price hits a 52-week low, as its woes widen
In today’s trade, its stock fell by over 10%, touching a 52-week low. It was trading 9.25% low…
2 mins read
Forget cars, Indian consumers are wary of buying a ₹5 biscuit packet
Questions are being raised by top Indian businessmen about the economic health of the country. The …
1 min read
From Tata to Maruti, these are India’s top auto newsmakers of 2019 – mostly for the wrong reasons
It has been a terrible, terrible 2019 for the Indian auto industry as it suffered through one of th…
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
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
1 min read
US car production slipped in August
Auto and autopart production contracted 6.4 percent, reversing much of the strong gains registered …
Matthew DeBord,Reuters
1 min read
The auto industry is shrinking as the world reaches 'peak car' - and it's dragging down the entire global economy
The auto sector represented 20% of 2018's slowdown in GDP and roughly 30% of the slowdown in global…
Ben Winck
2 mins read
Nissan may lay off over 1,700 employees in India as car sales slow down
And, as many as 1,710 of these jobs will be slashed in India. The layoffs are expected to take p…