No recovery in sight for automakers, sales remain sluggish at 6.2% in Jan

MUMBAI, Feb. 14 -- Passenger vehicle sales in India fell the most in three months in January, underscoring that a prolonged slump in demand could continue as consumer sentiment remains weak in a slowi... Read More

Auto parts makers halt capex plans of up to $1 bn amid slump

NEW DELHI, Feb. 14 -- Auto parts makers in India have halted as much as $1 billion in capital expenditure and are implementing extensive cost control measures as they battle a prolonged slowdown in th... Read More

Coronavirus outbreak hits M&M's last batch of BS-IV vehicles

Mumbai, Feb. 12 -- A last batch of 3,000-3,500 Bharat Stage IV-emission norm compliant vehicles of Mahindra & Mahindra Ltd (M&M)'s may be hit due to supply disruption following the coronavirus outbrea... Read More

M&M floats three-year plan to revive SsangYong

Mumbai, Feb. 12 -- Mahindra and Mahindra Ltd (M&M) on Tuesday said it plans to ensure funding of 500 billion Korean won (roughly $422 million) across three years to revive SsangYong Motor Co., its ail... Read More

Coronavirus: Tata Motors extends JLR China plant shutdown

New Delhi, Feb. 7 -- Jaguar Land Rover Automotive Plc, the luxury car unit of Tata Motors Ltd, has extended the shutdown at its manufacturing unit in China amid concerns over the coronavirus outbreak.... Read More

Kia denies report on plan to move plant in Andhra to TN

New Delhi, Feb. 6 -- Kia Motors Corp. on Thursday denied a media report that it is considering a relocation of its factory in Andhra Pradesh to Tamil Nadu due to various policy changes. "The news of ... Read More

7 Tata group companies building sustainable mobility ecosystem: Chandrasekaran

Greater Noida, Feb. 5 -- Building an ecosystem for sustainable mobility is top priority for Tata Motors Ltd, said N Chandrasekaran, chairman, Tata Sons, at the Delhi Auto Expo on Wednesday. "We are a... Read More

Mahindra & Mahindra passenger vehicle sales down 17% in January

Mumbai, Feb. 1 -- Mahindra & Mahindra Ltd (M&M) on Saturday reported a 3% year-on-year decline in its domestic sales in January to 50,785 units. The company's passenger vehicle sales fell 17% year-on... Read More

Maruti Suzuki January domestic vehicle sales flat year-on-year

Mumbai, Feb. 1 -- Maruti Suzuki India Ltd (MSIL), India's largest carmaker, reported domestic vehicle sales of 142,250 units in January, flat when compared with 142,150 units sold in the year-ago peri... Read More

Drop in commercial vehicles diffuse gains in JLR for Tata Motors

Mumbai, Jan. 31 -- Sharp decline in commercial vehicle (CV) revenues in the quarter ending December has pulled back the gains from Jaguar Land Rover (JLR), making Tata Motors Ltd post 7% year-on-year ... Read More

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