Maruti Suzuki cuts production by around 10% in April
The company cut production of passenger vehicles, including Alto, Swift and Dzire, by 10.3 per cent to 1,44,702 units
How the Indian tyre industry will perform in FY'20, explains Rajiv Prasad of JK Tyre
"If the country is falling short in raw materials, either government can help the country to produce larger number so that we don't have to import"
Opinion: How IoT is transforming transportation industry
The global trucking industry is undergoing enormous change. Older vehicles are being replaced with ‘smart trucks’, using Machine-to-Machine (M2M) / Internet of Things (IoT systems and cellular communications technologies to transmit essential information for management of today's fleet operations.
Dealership inventory pile up despite production cut: FADA
As a result, industry experts feel that more dealerships will be pushed on a verge of closing due to increasing financial stress.
Opinion: Opportunities in Downturn
Among factors such as political, economic, technology, the weak sentiments have put a dampener on sales of automobiles.
TVS Motor invests $3.85 million in a digital startup TagBox
Chennai based two-wheeler maker TVS Motor Company on Wednesday has invested $3.85 million (about Rs 26.69 crore) in TagBox, a machine learning platform company as part of its Series A funding round.
Toyota, Honda plan to attack costs to free up cash for new tech
Toyota Motor Corp said that higher costs to develop new technologies like connected cars was ramping up pressure to generate savings wherever possible, while Honda Motor Co said it would strip down its vehicle lineup to cut production costs.
Centre to invite bids for 40GW battery plants
It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will be asked to bid for setting up plants in the selected states.
Vehicle registration has not stopped, MoRTH clarifies
On the account of recent media reports stating that new vehicle registrations have been stopped across country, Ministry of Road Transport and Highways official has clarified in a meeting with industry stakeholders.
Auto slowdown may hit banks’ retail growth
Personal vehicle loan portfolio, comprising cars and two-wheeler loans, nearly halved in the last fiscal
Porsche fined 535 mn euros over diesel cheating
"The Stuttgart prosecutor's office has levied a 535-million-euro fine against Porsche AG for negligence in quality control," the investigators said.
Royal Enfield recalls around 7,000 units of Bullet, Bullet Electra
The company said it is undertaking a proactive field service action, concerning brake caliper bolt on motorcycles of the two models manufactured between March 20, 2019 and April 30, 2019.