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Cabinet May Approve Revised PLI Scheme For Auto Sector on Tomorrow
The Union Cabinet is likely to approve on Wednesday the revised production-linked incentive (PLI) scheme for the automobile sector, which aims at promoting domestic manufacturing and create jobs, according to sources. The government is believed to have slashed the outlay for ...
Cabinet May Approve Revised Pli Scheme For Auto Sector On Tomorrow

Passenger Vehicle Retail Sales Increase 39 Per Cent in August: FADA
Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles (PV) in August increased by 39 per cent year-on-year to 2,53,363 units. According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 1,82,651 units in August ...
June Auto Sales: Hyundai Total Dispatches Jump To 54,474 Units
Hyundai Motor India Ltd (HMIL) on Thursday reported total sales of 54,474 units in June, up 77 per cent from 30,703 units in May, recovering from disruptions induced by the second wave of COVID-19. The automaker's domestic dispatches to its dealerships ...
June Auto Sales Hyundai Total Dispatches Jump To 54 474 Units
Honda Is Plowing Ahead And Will Produce Its Own Electric Vehicles
Although General Motors will build Honda's first two fully electric vehicles for North America, the Japanese automaker plans to change course and manufacture its own later this decade. Company officials say they're developing their own EV architecture, and after two GM-made ...
Auto Shares Decline As Govt Proposes Green Tax On Old Vehicles
On Wednesday, shares of automobile companies, including tyres and auto ancillaries companies, declined as investors booked profit after the government proposed the introduction of ‘green tax' on old vehicles. Shares of Ashok Leyland, Bharat Forge and Tata Motors declined in the ...
Auto Shares Decline As Govt Proposes Green Tax On Old Vehicles
Automobile Industry To Face Cost Inflation Issues
An increase in base commodity prices may have an impact on the margins of auto industry, while many may look to offset the same by increase in prices and lower discounts, Motilal Oswal has said in its latest report on the ...
Automobile Sales Grows 11% In Dec; First Monthly Growth In FY21
On Monday, automobile dealers' body FADA (Federation of Automobile Dealers Association) said that total sales across categories increased 11.01% to 18,44,143 units last month compared to 16,61,245 units in December 2019. This is the first monthly rise in retail sales of ...
Automobile Sales Grows 11 In Dec First Monthly Growth In Fy
Motown Stares At Decadal-low Car And Truck Sales
India's automobile industry is headed for another year of double-digit sales decline this fiscal, given the extended lockdown to contain the Covid-19 pandemic, rating agency CRISIL has stated. "Overall sales volume would plunge to multi-year lows, with sales of passenger vehicles ...
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