BSVI

Expect domestic PV industry growth in double digits in FY22: Tata Motors

Despite uncertainties over increasing commodity prices and supply of semiconductors, Tata Motors expects its growth in the upcoming fiscal ...

For 4th straight year, Maruti sells one in two passenger vehicles in India

What makes 2020 unique is that the 50% share was possible despite the company having a presence only in 80% of the market, after its exit f...

Keeping close eye on cost structure amid rising commodity prices: Maruti Suzuki official

With the supply of semiconductors becoming a challenge for the automotive industry, Maruti Suzuki is also watching the situation closely al...

Auto sales declined 10% in January, registration data shows

Passenger vehicle, or car, registrations declined by 4.5%, largely due to a production shortfall as automakers struggle with a global semi-...

Announcement of voluntary scrappage policy in Union Budget a step in right direction: M&M

"The scrappage policy is a step in the right direction. (However), what it does will depend on how aggressively the policy is (implemented)...

Soaring fuel prices to lend wheels to CNG adoption in India: CRISIL

The price of petrol has breached Rs 85 a liter in New Delhi as excise duty rose by Rs 13 to Rs 32.98 per litre in 2020. In calendar 2021, C...

Tata Motors ties up with private lenders for commercial vehicles financing

The offerings arising out of these tie-ups will include ancillary financial provisions such as fuel financing, working capital financing, a...

Auto companies wary of price hikes despite surge in input costs

​​Maruti Suzuki, Tata Motors and Hyundai, which together sell four out of five cars locally, are yet to take a call on price increases in 2...

With up to 7 new launches, Audi anticipates triple-digit growth in 2020

The company will be bringing back to India some of its fast-selling products like the A4, Q5 and Q7 as well as e-tron range of electric veh...

Auto retail in November declined by 19% even as sales gap to previous year continues to narrow

The high inventory with two-wheeler dealers resulted due to lower-than-expected sales during the Navratri-Diwali festive season when automa...

Commercial vehicle volumes to contract 25-28% in FY21, outlook remains negative: Icra

The outlook for the commercial vehicles (CV) sector remains 'negative' on the back of continuing challenges such as over-capacity, subdued ...

Govt support in GST cut to aid entire PV industry: Tata Motors

The Indian automobile industry leapfrogged to BS VI emission standards from BSIV from April 1 this year. While auto companies put in around...

Turnaround? Why October looks all set to register record passenger vehicle sales

Retail sales this month are expected to increase 30% to around 300,000 from 230,000 units in September, said industry insiders. Year-earlie...

Actively scouting for a partner for passenger vehicle business: Tata Motors

The auto major is looking for collaboration even as the process to carve out passenger vehicle (PV) business as a separate standalone unit ...

Tata Motors ties up with HDFC Bank for financing of passenger vehicles

The schemes will be available till the end of November 2020 and can be redeemed on the entire new BS-VI range of cars and SUVs along with t...

Delinquencies could become a big reason to worry for auto lenders

In March this year, the share of loans with payments pending for over 90 days past the due date (DPD) was highest since 2014 at 3.5 per cen...

Tata Motors' BSVI commercial vehicles equipped with tech, performance upgrades: Company

Developed with an aim to "redefine" transportation, the product portfolio covers the entire range of the commercial vehicles, from sub-1 to...