It is the global leader in car sales but in India, is a distant fifth.
Malaysia's leading carmaker 'Proton' has shelved plans to source cars from India.
The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
Local businesses are fretting over reform setbacks.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
Anti-sabotage checks are being carried out and patrolling has been intensified across the city, including on the Yamuna river where patrolling is being conducted on motor boats by the Delhi Police. Anti-terrorist measures are being carried out in view of threat perception and intelligence inputs, they said.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Chinese players form a major part, around 20 per cent of the auto expo this year, despite a slowdown in the Indian automobile sector in the last one year. Over two dozen top officials from various companies were planning to participate in the event, besides a group of journalists.
This is the first decline since June this year when car sales declined by 11%.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
Declining motorcycle sales remained a cause of worry.
Five cities -- Delhi, Bengaluru, Kolkata, Hyderabad and Surat -- ceded their power of procurement and agreed to a different procurement model to operate state-run buses.
Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nissan Motor Company on Friday said it has appointed Akira Sakurai as the managing director and CEO of Renault Nissan Automotive India Pvt Ltd (RNAIPL) and has made a few more changes in the management to establish itself as one of the major players in the country.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
The trouble is largest FDI projects in India have had a tragic history.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Vehicle sales across categories registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
'Only if the Budget springs some surprises we may see a halt in the selling.'
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
The auto maker wants to cut output in the wake of low demand.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
If the court order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Turns down firm's plea for stay on CCI order; final order pending
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
The ICHR, an autonomous body under the ministry of education, has been running a series of lectures and seminars on the theme of the Independence struggle under the 'Azadi ka Amrit Mahotsav' celebration.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
The trade between India and Saudi Arabia is growing rapidly with the bilateral trade crossing USD 9.87 billion last year.
The onus is on the banks to pass the benefit to customers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
