Auto Mobile

The slowdown inside the domestic financial system requires an adequate response from both the Central Bank and the authorities. The Reserve Bank of India (RBI) has long been expected to raise the repo rate with the aid of an unconventional 35 bps in its ultimate policy meet. With the focus…

Mumbai: Automobile sellers’ body FADA on Thursday advised the authorities to recollect industry reputation for the auto retail quarter, as a step to help it avail easy to budget and maintain a business in the long term. Suggesting a slew of measures to Finance Minister Nirmala Sitharaman for the growth…

MUMBAI: Italian-American vehicle main Fiat Chrysler Automobile (FCA), in a bid to preserve its brand in the emblem, has introduced one of the most refined SUVs, under its Jeep logo, for the Indian marketplace for 2020-2021. The new seven-seater SUV could be positioned above the Compass SUV. It could be…

New Delhi: The slowdown in the car industry and the liquidity crunch in the marketplace are affecting the provider network. According to the statistics from the Federation of Automobile Dealers Associations (FADA), the apex body of vehicle dealers, the entire dealership closures within the last 18 months are an impressive…

With the automobile sector passing through its worst slowdown segment, the industry has been keenly expecting the Budget to offer some remedy to spur growth within the sector. A liquidity crunch, pre-election uncertainty a few months back, and high insurance costs had been many of the principal motives for pushing…

New Delhi: Jeep India has been named India’s most dependable car brand in TRA’s Brand Trust Report 2019. The SUV expert automaker has been ranked the second most relied-on emblem throughout categories, protecting 1000 popular brands in India. This can be considered a sizable success with the American automobile manufacturer prevailing…

Severe woes remain for the Indian automobile sector as most agencies performed severely, as is evident from their June numbers. The muted sentiment is at the lower back of myriad challenges, led by an increase in the total price of ownership due to mandatory lengthy-term insurance and implementation of protection regulations,…

As India works toward reaching 30% mobility by 2030, the authorities’ ambitious Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India) scheme has been slow to take off with automakers. In the closing three months, because FAME II became operational, the most straightforward five automobile manufacturers [OEMs] registered…

Mumbai: India’s passenger car income posted the steepest drop in almost 18 years in May amid subdued demand and a liquidity crunch faced by non-bank vehicle financiers, prompting primary automakers to cut production. Sales fell 20.6% in May to 239,347 vehicles from a year ago, according to data released on…

New Delhi/Mumbai: Top lenders have determined to pare down their publicity to car sellers, resulting from elevated defaults over the past financial years, probably delaying healing in a zone struggling with the weak demand. The liquidity crunch at non-banking financial businesses (NBFCs) has made each public and private sector bank,…