NEW DELHI: The car slowdown intensified in July, with income losing 18.7%, the most important monthly decline in almost 19 years, compared to 12.Three% in the previous month, leaving the industry...
Senior executives of vehicle manufacturing agencies and diverse lobby corporations have welcomed the stairs announced with the aid of the union authorities on Friday to arrest the downturn within the...
New Delhi: The Union government has subsequently determined to chunk the bullet on a tax reduction for the automobile region. The enterprise mentioned the worst August for passenger cars in 18 years....
Finance Minister Nirmala Sitharaman had on August 23 introduced some measures which include 30 in step with cent depreciation for brand spanking new vehicles and revoking the ban on buying vehicles...
Maruti reviews 36% slide; Hyundai’s sales down 17%; upcoming competition season lighting fixtures up hopes. The auto enterprise appears stuck at the gradual lane, as the August income numbers...
NEW DELHI: TV Sundram Iyengar and Sons Ltd, a part of the assorted TVS Group and one in every of the largest sellers of Mahindra and Mahindra Ltd (M&M) cars in south India, has shut 20 M&M...
After 9 months of non-stop decline in income, the automobile sellers’ frame Federation of Automobile Dealers Association (FADA) is bullish on a revival in the imminent festive season. Not handiest...
NEW DELHI: To assist the auto zone tide in overstraining, the USA's largest lender State Bank of Indians -zero.24 % (SBI) has prolonged the credit length of automobile sellers, which might be going...
Job cuts might also affect technical personnel too, says dealers’ association. Around two lakh jobs were laid off throughout automobile dealerships within the usa within the closing three months as...
Maharashtra has the very best range of vehicle dealerships that have downed their shutters in the past year. According to the Federation of Automobile Dealers Association (FADA), the State has...
