automobile industry

Auto sales hit record highs for third year despite slowing growth, SIAM data shows

Auto sales hit record highs for third year despite slowing growth, SIAM data shows

Ev Richard

Car sales in the local market grew in low single-digits in the fiscal that ended on 31 March. Compared to ...

Trump tariffs may open new opportunities for India, says Skoda Auto Volkswagen official

Trump tariffs may open new opportunities for India, says Skoda Auto Volkswagen official

Ev Richard

European auto major Skoda Auto Volkswagen India on Monday said while it does not support the new reciprocal tariff imposed ...

PLI scheme: Mahindra & Mahindra and Tata Motors claim Rs 246 crore as production linked incentive (PLI)

PLI scheme: Mahindra & Mahindra and Tata Motors claim Rs 246 crore as production linked incentive (PLI)

Ev Richard

Mahindra & Mahindra and Tata Motors have claimed around Rs 246 crore as production linked incentive (PLI) for incremental production, ...

M&M, Skoda-VW India JV talks hit speed bump as companies unable to reach consensus on key issues

M&M, Skoda-VW India JV talks hit speed bump as companies unable to reach consensus on key issues

Ev Richard

Negotiations between Mahindra & Mahindra and Skoda Auto Volkswagen India on a potential 50:50 joint venture appear to have got ...

Hardening rubber prices to put pressure on tyre makers’ margin: Crisil

Hardening rubber prices to put pressure on tyre makers’ margin: Crisil

Ev Richard

Pune: Tyre makers are headed for a rough patch as the price of natural rubber has increased more than 33% ...

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Ev Richard

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, ...