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Friday, March 29, 2024
TopicAuto Industry

Topic: Auto Industry

Hit by Covid-19, China’s auto sector adopts novel ways to attract customers

Brands and dealers are stepping up their presence on social media to launch new models, showcase vehicles and host live broadcasts to attract customers.

Chinese factories are beginning to buzz again while rest of the world comes to a halt

Employees are returning to work, production lines are starting to roll and even the original outbreak epicentre of Wuhan is ending its lockdown soon.

Carmakers can’t turn out electric vehicles cheap enough to convert Indians

Govt is pushing for faster adoption of electric vehicles — hoping 15% of all vehicles on roads will be electric in 3 years. But they cost too much.

Maruti Suzuki posts first jump in sales in 9 months amid auto sector slowdown

Car sales had plunged for 11 months through September, and the industry was forced to cut production as well as close to 6 lakh jobs.

Automobiles are core business for us, won’t run away from JLR: Tata chairman Chandrasekaran

Chandrasekaran says he’ll seek more technical partnerships to help Tata Motors transition to electric and autonomous vehicles, not sell the company.

Pallonji Mistry and Rahul Bajaj among world’s 20 richest automotive moguls

The Bloomberg Billionaire index, which also lists Bill Gates and Elon Musk, said the top 20 automotive moghuls control about $1.4 trillion in global wealth.

Ford gives up on India, decides to let Mahindra drive its struggling business

Mahindra will own 51% of new joint venture. It will help Ford stay in heavily populated market while letting it share financial burden with Mahindra.

Nirmala Sitharaman’s not wrong. Ola and Uber can hurt car sales

Car makers are milking the situation to get tax concessions from a harried govt. But if car costs are too high, why can’t they cut prices? They can afford it.

Muslims say Bharat Mata Ki Jai, got terrific response from them during my yatra: CM Khattar

Speaking at Off The Cuff, Chief Minister M.L. Khattar made it clear that he will be BJP’s CM candidate in the upcoming Haryana assembly elections.

Investors in Indian bonds should keep their eye on roads, not cars

Tax cuts for auto industry may cheer equity markets. Bond investors need to watch how much Modi govt can spend on roads, a high fiscal multiplier.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.