Thursday, 20 January, 2022
TopicAutomobile industry

Topic: automobile industry

Ford to stop manufacturing cars in India, 4,000 jobs to be impacted

Ford will import and sell some vehicles, including Mustang coupes, but the sale of models including the Figo, EcoSport & Endeavour will cease once existing inventory at dealers is sold.

Maruti Suzuki’s net profit falls as second Covid wave hits demand

Net income fell 9.3% to Rs 11.7 billion in the three months ended March 31, Maruti Suzuki said in a statement; revenue for the fourth quarter rose 32% year-on-year to Rs 240.2 billion.

Maruti Suzuki expects 2021 to be ‘much better’ as economy rebounds & people buy more cars

Maruti Suzuki India chairman says the automaker is expecting retail sales in December to be good as there are pending orders with its dealerships & plants are running at 'full capacity'.

Modi govt announces Rs 1.46 lakh crore scheme for 10 sectors, auto sector gets biggest share

The incentives, spread over 5 years, will be provided to sectors like auto, automobile components, textile products, white goods like LED screens, processed food products, among others.

Before Maruti 800, there was the quirky Sipani Dolphin, a hit in motorsport circuits

The Dolphin’s two-door design and fibreglass body were some features that made it a hit among racing enthusiasts.

Why the world’s car industry is pinning its hopes on a recovery in China

Sales of passenger cars in China, which has been the world’s biggest car market since 2009, have increased for 2 months while Europe's market slumped 18% in August.

Slump in June car sales shows pain persists for Indian economy

Data shows companies sold 105,617 cars and SUVs, compared with 209,522 last June. However, sales of motorcycles and scooters weren’t hit quite so hard, falling 38.6% in June.

Replace drivers with automated systems — how to make mobility safe during Covid crisis

We should consider deploying automated systems to deliver critical supplies to areas under lockdown, thereby limiting exposure to drivers and residents.

Zero sales: Indian carmakers have a month like never before

According to the Society of Indian Automobile Manufacturers, carmakers are losing Rs 2300 crore each day as factories remain shut amid lockdown.

Covid-19 lockdown blocks sale of more than Rs 6,000 crore-worth BS IV vehicles

The government had mandated that only BS-VI-compliant vehicles could be sold and registered in India from 1 April 2020.

On Camera

YourTurn

How Facebook and Amazon rely on an invisible workforce

The market for on-demand, digital tasks is estimated by the World Bank to be worth $25 billion, with Meta Platforms, Amazon, YouTube as some of the biggest buyers.
Representational image of a jewellery store | ANI

India Jewellery Park to be set up in Mumbai, aims to attract Rs 20,000 crore investment

The Gem & Jewellery Export Promotion Council and Maharashtra Industrial Development Corporation have signed a draft agreement granting possession of a plot for setting up the park.

Defence

Foreign secretary Harsh Vardhan Shringla meets German Navy chief Vice Admiral Kay-Achim Schönbach on 20 January. | Twitter | @MEAIndia

New chapter in ties as Indian foreign secy meets Germany navy chief, warship ‘Bayern’ visits

With Germany identifying India as one of the key partners in its Indo-Pacific policy, a German frigate entered Indian waters for a port call in Mumbai, in a major signal to China.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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