According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.
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.
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 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'.
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.
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.
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.
We should consider deploying automated systems to deliver critical supplies to areas under lockdown, thereby limiting exposure to drivers and residents.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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