New Delhi [India], December 1 (ANI): Lockdowns due to COVID-19 and semi-conductor shortage globally are the key reasons behind the drop in automobile sales in the last two years.
New Delhi [India], November 30 (ANI): Automobile sales have been affected in the last two years due to the spread of the COVID-19 pandemic, said the Ministry of Heavy Industries in a written reply in Lok Sabha on Tuesday.
New Delhi [India], July 7 (ANI): Maruti Suzuki has collaborated with Axis Bank to offer easy financing options for potential car buyers amid weak consumer sentiment and plunging automobile sales.
New Delhi [India], Dec 5 (ANI): BJP Lok Sabha MP Virendra Singh Mast on Thursday denied any condition of an economic slowdown in the country while arguing that if there is a decline in automobile sales then why are there traffic jams on the roads.
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.
Patna (Bihar) [India], Aug 3 (ANI): Bihar Deputy Chief Minister Sushil Kumar Modi, has said that the sale of automobile and biscuits in the state have not declined even after being claimed by some people that there is an economic slowdown in the country.
Gurugram (Haryana) [India], Aug 3 (ANI): Automobile lighting major Lumax Industries has reported 17 per cent fall in its revenue at Rs 402 crore during the first quarter of current fiscal as against Rs 482 crore in Q1 FY19.
New Delhi [India], May 11 (ANI): Almost 70 percent of Indian automobile sales or USD 40 billion is likely to be digitally influenced by the 2020, as compared with USD 18 billion today notes the Bain & Company and Facebook report.
New Delhi [India], Oct.19 (ANI): The Directorate of Income Tax (Intelligence and Criminal Investigation) conducted a seminar of Tuesday on quoting of PAN in respect of transactions of sale or purchase of automobiles above Rs.2 lakh and furnishing of statement of financial transaction in case