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Sunday, October 26, 2025
TopicAuto industry slump

Topic: Auto industry slump

Never been a better time to buy a car—even models that never gave discounts seeing price cuts

Car manufacturers are now realigning production, with a possible decline in the coming months across the board as they and dealers clear excess inventory.

Bosch India plans to cut thousands of jobs in next 4 years as auto sales shrink

Bosch India MD, Soumitra Bhattacharya said the German company will cut about 10% of 3,700 white-collar jobs and a slightly higher percentage of 6,300 blue-collar jobs.

Maruti Suzuki, hit by automobile sector slowdown, reports lowest profits in 4 years

The festive season sales may not be enough to overcome the 39% slump in profit Maruti Suzuki India has suffered since last year.

Is sinking Indian economy beginning to chip away Modi’s larger-than-life image?

Prime Minister Narendra Modi heads to the US this week to meet Donald Trump and global business leaders amid growing worries over economic slowdown.

Maruti contradicts Sitharaman’s millennial remark, says cabs not a factor in auto slowdown

Finance Minister Nirmala Sitharaman has attributed the auto industry slowdown to millennials preferring use of Ola and Uber cabs over owning cars.

Nirmala Sitharaman right to point at millennials’ Uber-Ola use and EMI fear for auto slump?

Finance Minister Nirmala Sitharaman has said that the automobile sector, facing its worst slowdown, has been ‘affected by the mindset of millennials’ who don’t want to pay EMIs for a vehicle and prefer Ola and Uber rides.

Truck drivers to contract engineers, lakhs are jobless in Gurgaon-Manesar auto hub

At Maruti, Hero, Honda facilities in the Gurugram-Manesar belt, young employees are being let go, others are worried they’ll follow.

On Camera

After losing no.2 carmaker spot, Hyundai is betting big on the new Venue

Indian car buyers are just as tech-obsessed as their Chinese counterparts, and that obsession has taken precedence over handling and performance.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.