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Businessman Sanjay Verma shot dead in Punjab's Abohar in broad daylightIn Abohar, Sanjay Verma was killed by three bikers. The incident occurred near Bhagat Singh Chowk. The assailants' motorcycle skidded, and ...
Maharashtra transport department cracks down on Ola Electric showrooms operating without trade certificatesIn a letter dated April 16, the state’s joint transport commissioner noted that 121 Ola Electric showrooms are operating without trade cert...
Automakers initiate production ramp-up to recoup lockdown lossesFor the next quarter, industry insiders are projecting India’s passenger vehicle production to top 1 million units, which will be the highe...
Auto sales shrink in May as showrooms and factories remain closed on Covid curbsAs many as 88,045 passenger vehicles were sold last month, compared with 261,633 units in April, according to data released on Friday by th...
Showroom walk-ins few and far between, auto buying goes onlineWhile showroom walk-ins have been negligible, online enquiries have boomed. Most of the buying process has shifted online, from sending quo...
Akshaya Tritiya begins on sombre note; jewellers expect 10-15% salesAll-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe said, jewellers are expecting only 10-15 per cent sales this Akshay...
Auto retail skids in April amid rising Covid-19 cases, local lockdownsVehicle registrations, which are a proxy for retail, fell by 28% compared to March with even the fast-growing tractor segment seeing a decl...
Companies shut plants, cut output to cope with fall in demandCompanies that have announced closures include Toyota, Maruti Suzuki, Hero Moto and Honda Motorcycles and Scooter India (HMSI), while those...
Gold jewellery demand to decline 35% in FY21: IcraThe demand is likely to see a rebound in the second half of this financial year after a poor performance in the first two quarters, ratings...
Gold jewellery demand to decline 35 per cent in FY21: IcraThe demand is likely to see a rebound in the second half of this financial year after a poor performance in the first two quarters, ratings...
China auto sales rose by 16.4% to 2.1 million units in July as market regains momentumIn the first seven months of the year, passenger vehicle sales tumbled 18.4% from a year earlier, to 9.5 million, the CAAM said, as many ci...
At Maruti, hope rides country roads with demand as pillionThe management’s commentary on demand recovery in the semi-urban and rural markets, in fact, continues to be encouraging. This should lend ...
CM Palaniswami eases curbs in Chennai from July 6, extends restrictions in MaduraiEffective July 6, vegetable shops and groceries could function from 6 am to 6 pm from the present 6 am to 2 pm in Chennai and suburban area...
Auto sector may get Rs 1-lakh crore jolt on 45-day shutdownZero production also means GST collections will take a hit of more than ₹28,000 crore.
Give financial packages, grain: Congress Chief ministersRajasthan CM Ashok Gehlot reminded the Centre that it was yet to meet demands of various states for Covid-19 relief and rehabilitation pack...
Buy Somany Ceramics, target Rs 627: IIFLBuy Somany Ceramics Ltd. at a price target of Rs 627.
Normal life hit in Bihar on Bharat Bandh; Assembly adjournedThe issue also rocked the state Assembly, which was adjourned till lunch break within minutes of commencement of proceedings.
Exports to global fashion companies may be hitSupplies from the NCR region to global fashion brands may be hit as textile dyers and printers have called for an indefinite shutdown.
- GM, Chrysler agree to reconsider dealer closings
The plans call for face-to-face reviews with dealerships and offer binding arbitration with those who face closure of their showrooms.
- Ford to boost production of Focus, Escape
Ford will build more of its popular Focus and Escape models and boost total vehicle production later this year to help dealers restock depl...