automobile industry

Helped by strong festival-season demand and momentum in the economy, domestic passenger vehicle (PV) sales reached a new peak for a third consecutive month in October, while the goods and services tax (GST) collection surged to…

Maruti Suzuki India Ltd reported a rise of 145.3 per cent in profit after tax (PAT) to Rs 2,485.1 crore in the quarter that ended June 30, 2023, from Rs 1,012.8 crore in the same period last year. The company reported a…

By Sarita Chaganti Singh and Aditi Shah China's BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct…

Automobile retail sales in June recorded a 10 per cent increase year-on-year to 1.86 million units compared to 1.7 million units during the month last year, according to data released by the Federation of Automobile Dealers’…

Jaguar Land Rover (JLR), the British brand known for its luxury cars and sports utility vehicles, said on Wednesday it would invest £15 billion (nearly $19 billion) over the next five years as part of its strategy to reposition itself as…

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The computer software and hardware sector attracted the highest inflows of $8 billion during the nine-month period of this fiscal Foreign direct investment (FDI) into India declined by 15% to $36.75 billion during the April-December this…

The auto industry posted its highest-ever annual domestic passenger vehicle (PV) sales in…

The government on Thursday deferred until October 2023 the implementation of norms mandating…

Kenichi Ayukawa said India also plans to be nearly 100% self-reliant in the entire manufacturing value chain of automobiles during the period as per the Vision 2047. Kenichi Ayukawa said India also plans to be nearly 100% self-reliant in…