Car prices may be 'fairly stable' in short term; demand to rise, says Volkswagen India

With the COVID-19 situation improving and curbs easing, overall demand in the economy is expected to pick up in the coming weeks.

Jun 06, 2021, 19:48 PM IST

Hyundai Motor India total sales dip 48% to 30,703 units in May over April

Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 percent.  Exports were at 5,702 units last month, down 44 percent from 10,201 units in April, the company said in a statement.

Jun 01, 2021, 19:42 PM IST

Automakers in India take digital route to push sales amid COVID-19 pandemic

Carmakers like Maruti Suzuki, Hyundai, Honda, Kia, Toyota, Tata Motors, Mahindra & Mahindra and Mercedes-Benz have taken to digitalisation with renewed vigour as lockdowns and curfews become the new normal amid the raging coronavirus pandemic. The country's leading carmaker has partnered with leading online platforms like Google and Facebook bringing global digital expertise to dealer teams.

May 30, 2021, 19:22 PM IST

Auto dealers seek govt, RBI support to tide over second wave of COVID-19

Federation of Automobile Dealers Associations (FADA), which represents over 15,000 dealers having around 25,000 dealerships across the country, has sought a three-month extension for the delay in filing returns of GST payment.

May 13, 2021, 20:05 PM IST

Junk your old car and get about 5 pc rebate from automakers on new purchase: Nitin Gadkari

Automated fitness tests will be set up under public private partnership (PPP) mode while the government will assist private partners and state governments for scrapping centres, he said.
Driving such vehicles that fail to pass automated tests will attract huge penalties and also be impounded, the minister said.

Mar 07, 2021, 19:56 PM IST

Passenger vehicle sales increase by 14.16% in August: SIAM

Passenger vehicle sales increased by 14.16 percent in August to 2,15,916 units.

Sep 11, 2020, 13:24 PM IST

Maruti reports 17% increase in August sales at 1,24,624 units

Total sales include domestic sales of 115,325 units and 1,379 units for other OEMs.

Sep 01, 2020, 11:51 AM IST

Now, you can hire auto rentals services on Uber – Check price and packages

The service allows riders to book an auto and its driver for several hours.

Aug 26, 2020, 14:17 PM IST

Indian Auto Component Industry de-grows 11.7% in FY 2019-20, clocks turnover of Rs 3.49 lakh crore

Slowdown in the domestic market also reflected on imports of component into India.

Aug 19, 2020, 14:16 PM IST

Vehicle registration plummets by 88.87% in May 2020: FADA

FADA said that demand Trend in first 10 days of June shows extremely weak consumer sentiment.

Jun 11, 2020, 16:35 PM IST

Festive boost: October vehicle registration up four percent

Although the overall record was positive, registration of commercial vehicles registered a de-growth of 23 percent. Registration of personal vehicles rose by 11 percent in October, compared to a year-ago period and that of two-wheelers and three-wheelers were up 5 percent and 4 percent.

Nov 19, 2019, 20:27 PM IST

India's September passenger vehicle sales dive 24% as slowdown persists

Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers (SIAM) data showed, while passenger car sales dived 33.4% to 131,281 units.

Oct 11, 2019, 12:09 PM IST

Tough time will pass, says Nitin Gadkari on slowdown in Indian economy

Union minister Nitin Gadkari said that the Centre is committed to push the growth rate and is taking measures to boost the flagging economy.

Sep 15, 2019, 08:16 AM IST

Uber, Ola, metro trains, BS VI responsible for auto sector slowdown: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman also responded to a plethora of questions ranging from the slump in the economy to the slowdown in the automobile sector, among other political issues.

Sep 10, 2019, 19:06 PM IST

Motor Vehicles Amendment Bill 2019: Insurance compensation increased 10 times from Rs 50,000 to Rs 5 lakh

Insurance firms have to pay claims within a month, if the victim’s family agree to accept Rs 5 lakh compensation.

Aug 01, 2019, 10:37 AM IST

Motor Vehicle Amendment Bill 2019 passed: Check out complete list of penalties

Stricter provisions are being proposed in respect of offences like juvenile driving, drunken driving, driving without licence, dangerous driving, over-speeding, overloading etc.

Aug 01, 2019, 10:17 AM IST

Now, microdots in vehicles to check theft, trace stolen vehicles

Microdot technology involves spraying the body and parts of the vehicle or any other machine with microscopic dots, which give a unique identification. Use of this technology will help check theft of vehicles and also use of fake spare parts.   

Jul 29, 2019, 18:16 PM IST

Auto prices to get costlier as government proposes hike in registration charges

The draft added that in case of delay in applying for renewal of certificate of registration, an additional fee of Rs 300 for motor cycles and Rs 500 for cars shall be levied.

Jul 29, 2019, 17:07 PM IST

Women more vulnerable in car accidents than men: Study

 Belted female occupants have 73 per cent greater odds of being seriously injured in frontal car crashes compared to belted males.

Jul 11, 2019, 17:18 PM IST

Revision of rates left to GST Council's discretion: CBEC Chief

The decision on revising the tax rates fixed on various goods and services has been left to the discretion of the GST Council, Central Board of Excise and Customs Chairperson Vanaja Sarna said on Monday.

May 29, 2017, 17:05 PM IST