automobile industry

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