Page 32 - Auto Sector News Today

German carmaker BMW reported a 29 per cent drop in profits in 2019 on Thursday, blaming heavy legal costs and high investments in a challenging economic environment.

Under the able leadership of Prime Minister Narendra Modi, our Government has embarked on a journey to make India the sought-after manufacturing destination in the world.

Since the launch of the SUV in the country in July last year, MG has managed to sell over 18,000 units till the end of last year.

MG Motor India on Wednesday reported retail sales of 3,021 units of Hector in December, 2019. Since the launch of the SUV in the country in July last year, MG has managed to sell a total of 15,930 units till the end of last year.

Demand shifts more to data scientists, technology specialists, analysts, electronic and electrical engineers from mechanical and automobile engineers, says Taggd study on hiring trends for 2022.

Third COVID wave, microchip shortage dented auto sector's January sales, say experts

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has witnessed a marginal increase in production last month. In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles during

Budget 2022: Cut in GST, road, registration taxes will provide fuel to automotive sector

MG Hector’s demand is growing day-by-day and it beating slowdown like a boss. It is to be noted that MG Motor India retailed 3239 units of the Hector in November 2019.

The pandemic has done some good to the used-car segment.