Page 43 - Auto Sector News Today

Read more about Auto sector going through long-term structural slowdown, CAGR dips: SIAM on Business Standard. The study clearly shows that the pandemic is not the only reason for the auto sector slowdown, which is facing deeper structural issues that need attention, the industry body noted

Besides, investors want to hear more on export incentives through production-linked incentive (PLI) scheme, and steps the government will takes to boost income at the hands of consumers.

Want to invest in auto sector? Consider Eicher, Tata Motors, Ceat SECTIONS Last Updated: Jan 27, 2021, 11:50 AM IST Share Synopsis There are enough catalysts for auto companies to shine and we like Eicher, Tata Motors, Ceat from an investment perspective, says Hemang Jani ETMarkets.com NSE Explore Now The monthly numbers and the positivity in management commentary for companies which have announced results give confidence that the overall growth is continuing in the auto sector, says Hemang Ja...

Union Budget 2021: Auto industry optimistic about recovery from pandemic; expects cut in GST rates The removal of restrictions to avail the input tax credit of GST paid on automobiles for businesses would make vehicles more affordable when used for business purposes, besides fulfilling the basic intention of GST to eliminate cascading of taxes. Saurabh Agarwal January 27, 2021 06:34:08 IST ...

The Ministry of Road Transport and Highways, in its vehicle scrappage policy released on January 25, approved the scrapping of government vehicles older than 15 years

Updated Jan 21, 2021 | 07:23 IST The auto sector took off in top gear when the economy returned to normalcy. But, will this momentum sustain? Should one look at mid and small beta names from the motown? Find out what experts say. Are mid & small-cap auto cos worth adding to your stock portfolio?&nbsp | &nbspPhoto Credit:&nbspPTI Key Highlights Tata Motors, CEAT, Balkrishan Industries too gets a thumbs up As the economy resumed its economic activities, auto sector rebound...

Read more about Planning 10 products every year, focus is on premium: Hero MotoCorp CEO on Business Standard. Pawan Munjal, Chairman & CEO of the company, says strengthening premium segment will be the top focus.

Budget 2021 | Focus areas for scripting auto sector’s recovery story India’s automobile industry has the potential to be the third-largest auto market in the world, and an important pillar for India to become a $5 trillion economy — Budget reforms will play a key role in it Pramod Achuthan Representative image COVID-19 impacted every single industry. The Indian automobile sector, which was already facing an unparalleled slowdown, was further at...

BMWs MINI India sees 34% growth in 2020; delivers 512 cars in Q4 The locally produced MINI Countryman has a share of over 40% in sales. The iconic MINI Hatch contributed 33% while the very popular MINI Convertible contributed over 23% PTI | January 20, 2021 | Updated 17:29 IST BMW Mini India Enhanced digitalization in customer journey creates a unique brand experience Gurugram, Haryana, India Business Wire India MINI India has delivered a strong performance of 512 cars in calendar year 2020 (J...

Luxury car makers expect lower taxes on automobiles in upcoming budget Any hike in taxes on luxury cars will hit demand and prevent recovery from the disruptions witnessed last year, according to senior officials of the companies PTI | January 17, 2021 | Updated 13:00 IST Luxury car makers Mercedes-Benz, Audi and Lamborghini expect the government to lower taxes on automobiles in the upcoming Budget, saying the premium segment of the auto industry has not been able to grow due to high taxation ...