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Car industry wraps up tough 2020 on a high Top Searches Car industry wraps up tough 2020 on a high Pankaj Doval / TNN / Updated: Jan 2, 2021, 13:39 IST FacebookTwitterLinkedinEMail Car companies were the worst hit when the coronavirus spread started surfacing around the middle of March 2020. (Representative image) NEW DELHI: The car industry wrapped up one of its toughest year to date, closing 2020 with positive numbers in December, indicating that consumers have been buying cars despite the pressures on economy and jobs due to coronavirus vagaries. Car companies were the worst hit when the ...

Year-end discounts, pent up demand accelerate December’s auto sales (Roundup) By IANS|   Published: 2nd January 2021 1:48 am IST New Delhi, Jan 1 : Pent-up demand, along with attractive year-end discounts accelerated the year-on-year sales of major automobile players’ during December. Besides, analysts cited factors such as low interest rates, preference for personal mobility over public transport due to the pandemic as other key reasons for the upswing. Amongst the major players, Maruti Suzuki reported a growth of 20.2 per cent in its overall sales during December 2020 on a year-on-year...

Mahindra Expects Production Decline In Last Quarter Of FY2021 Due To Shortage of Components Mahindra Expects Production Decline In Last Quarter Of FY2021 Due To Shortage of Components 2,430  Views Highlights Mahindra sources the ECUs for its vehicles from component supplier Bosch The shortage will affect production & sales volume between Jan-March 2021 Mahindra & Mahindra (M&M) is expecting a reduction in production and sales volume in its automotive business in the last quarter of the 2020-21 financial year, the company has announced in a regulatory filing. The automaker cited the ...

The government is planning to sell up to 20% stake in Indian Railway Catering and Tourism Corp (IRCTC) through an Offer for Sale (OFS) which opens for subscription on Thursday

Conference in japan this week, a toyota executive ruled out any software or electronic issue with the accelerator. >> translator: for the electronic control unit, we could not come across any case where we found that there was a misfunction in the control system. >> reporter: mckeown says toyota's recalls are disturbing in their limitations, because they don't apply to all makes and models that have allegedly experienced the acceleration problem like the '05 camry guadalupe alberto was driving. based on your evidence, you're suggesting that there are cars on the road that right now should be r...