New Delhi [India], Sep 9 (ANI): Domestic passenger vehicle sales skidded for the 10th consecutive month, falling from 287,198 units in August last year to 196,524 units last month and registering a 31.57 per cent decline.
Bengaluru (Karnataka) [India] Sept 09 (ANI/BusinessWire India): L&T Technology Services Limited (LTTS), a leading global pure-play engineering services company, has been selected as a strategic partner by a European automotive manufacturer for its electric Powertrain (e-Powertrain) pract
Singapore, Sept 9 (ANI): The slowdown in the Indian economy is credit negative for auto asset-backed securities (ABS) backed by commercial vehicle loans because the performance of such loans is highly correlated to economic conditions, according to Moody's Analytics credit outlook report rel
Mumbai (Maharashtra) [India], Sep 9 (ANI): Equity benchmark indices were in the negative territory during early hours on Monday, dragged by a substantial fall in auto and metal stocks, despite their Asian peers showing gains.
Shivamogga (Karnataka) [India], Sept 7 (ANI): The Chamber of Commerce of Shivamogga on Saturday indicated that it will seek relief from the government in view of the impending slowdown in production at the foundries here which cater majorly to the automobile sector.
Raipur (Chhattisgarh) [India], Sept 7 (ANI): Chief Minister Bhupesh Baghel announced several initiatives for boosting up the industrial sector and certain achievements which have already been accomplished by the state government in other core sectors including farming and automobile sectors.
Raipur (Chhattisgarh) [India], Sept 6 (ANI): Chief Minister Bhupesh Baghel on Friday made several historical announcements for industrial development in state including reduction in land allotment rates in industrial areas and core sectors industries.
Mumbai (Maharashtra) [India], Sept 6 (ANI): Equity markets traded with a positive bias on Friday with auto stocks and select private banks ranking among top outperformers.
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
Washington D.C. [USA], Sep 6 (ANI): Chairman of the US-based advocacy group, Voice of Karachi, Nadeem Nusrat has warned Pakistan that "it is facing a potentially existential threat and restructuring Pakistan into multiple autonomous states is the only viable solution to save it."
Gaya (Bihar) [India], Sept 6 (ANI): Bihar police have arrested one man for allegedly killing an auto-rickshaw driver in a road rage incident in Nadraganj of Civil Line area here.
New Delhi [India], Sept 5 (ANI): Union Minister for Road Transport and Highways, Nitin Gadkari on Thursday assured the automobile industry of support from the centre, saying he will take up the industry's demand of GST reduction with the Finance Minister Nirmala Sitharaman.