Mumbai (Maharashtra) [India], July 25 (ANI): Domestic commercial vehicle sales are expected to decline by 30 to 35 per cent in the current financial year as the industry is staring at further de-growth while the COVID-led economic downturn adds to negative sentiment, according to Care Rating
New Delhi [India], July 14 (ANI): Passenger vehicle sales in India dipped to 1.05 lakh in June, marking a decline of 49.6 per cent from 2.09 lakh units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Tuesday.
Mumbai (Maharashtra) [India], July 10 (ANI): The Tata Motors Group global wholesales in the April to June quarter dropped by 64 per cent to 91,594 units as compared to Q1 FY20.
New Delhi [India], June 11 (ANI): Automobile registrations plummeted by 88.87 per cent in May as the country grappled with coronavirus pandemic and shutdown of most businesses, the Federation of Automobile Dealers Association (FADA) said on Thursday.
Mumbai (Maharashtra) [India], June 3 (ANI): BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange, on Wednesday announced the beta launch of health insurance on its platform by enrolling Religare Health Insurance Company.
Friedrichshafen [Germany], May 30 (ANI): ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier Wabco after gaining approval from all required regulatory authorities.
Mumbai (Maharashtra) [India], May 29 (ANI): Leading automobile industry channel partners say that two-wheelers and passenger vehicles are seeing a resurgence in inquiries but commercial vehicles are seeing negligible demand amid the Covid-19 led lockdown, according to interactions done by Mo
Mumbai (Maharashtra) [India], May 7 (ANI): Care Ratings has downgraded Ashok Leyland's bank facilities totalling Rs 4,200 crore and debentures from AA-plus to AA with a negative outlook due to falling demand of commercial vehicles in the backdrop of coronavirus pandemic led economic slowdown
Mumbai (Maharashtra) [India], April 20 (ANI): Tata Motors Group said on Monday its global wholesales in the fourth quarter (January to March 2019-20) including Jaguar Land Rover totalled 231,929 units, down 35 per cent as compared to Q4 FY19.
New Delhi [India], April 17 (ANI): Due to the dearth of commercial vehicles for supplying essential commodities, traders in Delhi's Chandni Chowk area are now using bullock carts and thelas (barrows) for transporting essential commodities to the retailers across the national capital.
Mumbai (Maharashtra) [India], April 9 (ANI): Crisil on Thursday reaffirmed its AAA-stable and A1-plus ratings on the debt programmes and bank facilities of Mahindra and Mahindra (M&M) Ltd.
Mumbai (Maharashtra) [India], Apr 1 (ANI): Tata Motors said on Wednesday its domestic sales last month crashed by 84 per cent to 11,012 units compared with 68,727 units in March last year.