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VINAY RAGHUNATH
Few discounts on new cars this Diwali as demand outgrows supplyAs many as 28 of the 88 different car models on sale in India have no offers whatsoever, the data show, compared with 21-23 in the last two...- About 90% Indian consumers willing to pay a premium for buying EV: SurveyThe EY Mobility Consumer Index (MCI), a survey of more than 9,000 respondents from 13 countries, including 1,000 respondents from India, al...
- Vehicle scrappage policy can provide positive push to new automotive circular economy: EYIn its latest report -- Scrappage policy for the automotive sector is here! Mobility Roadmap in Circular Economy -- EY India said original ...
- Andhra Pradesh govt to buy 1 lakh electric two-wheelers for staffThe move comes soon after the state bought thousands of four-wheelers and trucks for use as ambulances, public distribution system vehicles...
- Semiconductor industry finding it difficult to meet increasing demand from auto sectorThis challenge in the supply chain can be mitigated with effective technology-based planning, according to a recent EY India report titled ...
- Top 20 models drive over 74% of India’s car sales in Apr-Nov, up from 70% in 2015-16Interestingly, the contribution of the top 10 models has not varied much, remaining between 48-49%. It was 49% in 2019-20 and dipped to 48....
- Auto companies need to map vulnerabilities, realign supply chains to meet challenges: ReportWith the supplier base of a majority of components in the Indian auto industry not diversified, the report -- Non-linear automotive supply ...
- Companies push for digitization to save cost, grab new businessInvestment in new technology is increasing as companies expect the return to be many-fold in terms of higher productivity and preparedness ...
- Two-wheeler makers take premium route owing to traction from leisure & hobby segmentDemand for two-wheelers is recovering at a fast pace and most manufacturers are placing bets on the premium range owing to traction from th...
- Consumers prioritising car ownership post-lockdown, 74% want own vehicle: SurveyThe survey also found that 56 per cent of first-time buyers who plan to purchase a car prefer their own vehicle for daily commute post the ...
- Auto dealers now hit RTO hurdleDealers are not only stuck with commercial vehicles and two-wheelers conforming to phased-out BS4 emission norms, they’re not even able to ...
- Auto majors struggle to convert online bookings to salesDealers are far from convinced about the digital strategy. While online enquiries have increased in the past few weeks, they’re not getting...
- Auto companies again push for nodal agencyCurrently, companies in the sector have to deal with ministries including heavy industries, commerce, road transport, environment and petro...
- Automation key to post-pandemic productionAutomation may mean lesser number of manpower but it will need new set of skilled people.
- Automakers may export unsold BS-IV inventoryThe Covid-19 pandemic and lockdowns across the country have completely shut down manufacturing units. With the Supreme Court as yet not pro...
- Fall in platinum, rhodium and palladium prices temporary, say expertsPlatinum, palladium and rhodium are critical for catalytic converters used by automakers to reduce harmful emissions.
- Tractor industry evades Covid-19 bug, gets ready for next stage emission normThe sector, which hardly depends on imports from China as localisation levels of critical parts such as sheet metal, engines and transmissi...
- Huge discounts on cards for BS-IV bikesTwo-wheeler and commercial vehicle makers and dealers that hold unsold Bharat Stage-IV stock may offer huge discounts in the coming days, w...
- As India switches to BS-VI, sub Rs 10 lakh petrol cars may gainSales of petrol cars could likely grow at the expense of diesel cars after the transition, say experts.
- Discounts on BS-IV vehicles come downOver the past three months, including the festive season, auto companies had given huge discounts — as high as Rs 1 lakh — to customers dep...
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