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IHS AUTOMOTIVE INDIA
More component disruptions likely in January-March quarterSome companies have stepped up sourcing ahead of any further impact on supply chain.
Utility vehicles overtake hatchbacks to become top-selling segment in IndiaIn the year gone by, close to 1.42 million utility vehicles were estimated to have been sold in India, compared with about 1.23 million hat...
Auto firms post strong growth despite chip woesIHS Markit says India is set to overtake Germany to become the fourth largest light vehicle producer in the world, behind Mainland China, U...
Car, two-wheeler sales lack sparkle, chip shortage pushing down stocks and demandAccording to industry sources, passenger vehicle makers retailed around 85,000 units, versus 1,75,000 units last year. Two-wheeler retailin...
2021 on course to be second best year in a decade for Indian PV market, if it survives chip shortageLast year was a washout and car sales slumped to levels not seen in a decade. But 2021 has been stellar by all yardsticks so far: The passe...
Shortage of semi-conductors hit Indian shores, Ford India to shut the plant for a week“The impact of semiconductor shortage will continue through the quarter. The company is trying to streamline supplies but the global condit...
India to pull down global light vehicle sales for 2019If the Indian market slides into double digit decline, then the country may slip behind Germany to the fifth position in passenger vehicle ...
Light vehicles keep India on fast trackThe Indian market is estimated to have grown 8.6% to about 4 million units in the year that just went by, automotive forecasting firm IHS M...
Great Wall Motors plans India foray by 2021-22The move follows China's biggest automobile company Shanghai Automotive's decision to roll out a slew of products
India will overtake Germany in car production in 5 years: Mark Fulthorpe, IHS Markit Automotive“The disruption due to demonetisation is expected the disruption to continue in the rural market right through 2017.”
Trak N Tell gets funding from WhatsApp co-founder Brian ActonTrak N Tell will deploy the raised funds towards product development and business expansion, it said in a statement.
LyondellBasell completes acquisition of Pune-based ZylogLyondellBasell in November last year entered into a definite agreement to acquire polypropylene (PP) compounding assets of Zylog for an und...
LyondellBasell set to buy Pune polypropylene unit of Zylog PlastalloysUpon completion of the acquisition, LyondellBasell will double its customer base, becomeing the third largest producer of polypropylene com...
Sporty micro SUVs like Redi GO and Ignis set to rule Indian roads in 2016The 'entry SUV' is a segment that is unique to India and a select few other markets. It is an extension of the Indian buyers penchant for n...
LyondellBasell, one of the world’s largest plastics' company, to acquire SJS PlastiblendsThis acquisition will expand LyondellBasell’s existing footprint in India and enhance the company’s position in India’s growing automotive ...
FTA would allow European carmakers to export their surplus to India: SIAMThe industry is concerned that free import under reduced tariff may allow India to become a big lucrative market of cars made in the EU.
Can Enrico Atanasio steer Fiat in the Indian market?On Enrico falls the tough job of remaking the Italian automaker in a market that's crucial for the company. He says that it's now time the ...
- Mercedes sets up luxury-car facility in Hungary to compete with BMW
The factory will help meet its goal of boosting sales 27% by 2015, while at the same time raising profitability with models like the A-Clas...
- Hyundai Eon could potentially result in a 5% market share loss for Maruti: Analysts
Maruti Suzuki margins could be dented by the on-going strike at Manesar unit and competition from rival Hyundai, dealers said.
- Global auto industry in for bumpy ride as US, Chinese demand slows
Unemployment in the US and government measures to cool China’s economy are damping demand in the world’s two largest car markets, weakening...