AUTO INDUSTRY
Driverless cars will take away jobs, will never allow these in India: Nitin Gadkari The Union Minister for Road Transport and Highways in India, Nitin Gadkari, has once more expressed his reservations about the idea of driverless cars in the country. He has consistently held this stance, emphasizing that he won't permit these vehic...
19 Dec, 2023, 01.00 PM ISTAIF Talk: Next decade will be of India: Mrinal Singh “We like Auto & Auto ancillary, Consumer, Healthcare, Industrials, chemicals, and IT & telecom. We are quite watchful of sectors such as financials. We strongly believe that the next decade will be of India, and manufacturing will be at the forefron...
29 Jun, 2023, 10.00 AM ISTWe searched for a Public EV Charger in Noida: Here is what we found There are around 10,75,000 electric vehicles (EVs) and 1742 charging stations in India. Nabeel A Khan, Editor Auto, took out the MG ZS EV, searching for a functioning charging station around Noida. Here is what he found. WatchWe searched for a Publi...
06 Jun, 2022, 06.16 PM IST
Sensex gains 149 pts ahead of RBI rate decision; Nifty tops 19,600; auto stocks rally Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Reliance Industries, ITC and M&M amid a positive start in European markets. Cautious trade prevailed in the markets for the most part of the day ahead of t...
09 Aug, 2023, 04.21 PM ISTSensex sheds 440 pts in choppy trade, Nifty tests 19,650; financial, auto stocks drag Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure on Thursday as investors pared exposure to bellwether stocks HDFC Bank, M&M, Nestle and Reliance Industries amid a mixed trend in global markets. Besides, the interest ra...
27 Jul, 2023, 04.37 PM ISTET NOW Exclusive: Auto industry opposes Oil Ministry's proposal to ban diesel 4-wheelers by 2027 India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fuelled vehicles in cities with more than a million people and polluted towns in order to cut emissions, a panel formed by the Ministry of Petrol...
09 May, 2023, 04.44 PM ISTFrom EV9 to KA4, Kia's Vice President talks of the automaker's future plans in India | Auto Expo 2023 Since it arrived in 2019, Kia has produced some trendy offerings for the Indian automobile market. Rahul Saha of ET Online catches up with Hardeep S. Brar, Vice President & Head of Marketing & Sales, to understand Kia's new launches at Auto Expo 202...
18 Jan, 2023, 01.30 PM ISTPLI scheme for auto sector worth Rs 26,000 cr to incentivise electric, hybrid and fuel cell vehicles The government on Wednesday approved the Rs 25,938-crore production linked incentive (PLI) scheme for the automobile and auto ancillary sectors to promote domestic manufacturing of green vehicles to enable India to be a part of the global supply cha...
15 Sep, 2021, 08.36 PM ISTScrapping policy an important solution to reduce pollution, will make auto industry more competitive: Gadkari nion Road Transport and Highways Minister Nitin Gadkari inaugurated ‘Scrapping Facilitation Centre’ of Maruti Suzuki Toyotsu India on November 23. While addressing the inaugural function Union Minister said that Scrapping policy is an important solu...
24 Nov, 2021, 10.40 AM ISTBudget'23 | Rising Bharat Summit: Incentivising EVs & manufacturing, how auto industry can grow more Catch Rajiv Ghosh, Principal Analyst - Auto, ET Prime, in a fireside chat with Dr Pawan Goenka, Chairman of IN-SPACe & Former MD of Mahindra & Mahindra and a panel discussion with Randheer Singh, Director - Electric Mobility & Senior team member of ...
24 Jan, 2023, 03.50 PM ISTUniform GST to better reach of PLI schemes: Here's what auto ancillary makers want |Budget'23 Union Budget 2023 will be critical for the re-emergence of India's manufacturing industry, which is still recovering from the pandemic and the Russia-Ukraine conflict. Sunjay J Kapur, President of ACMA and Chairman of Sona Comstar, talks about the n...
20 Jan, 2023, 08.04 PM ISTAuto Expo 2023: A look at India's push for ethanol-powered cars and bikes The centre is developing a policy to install ethanol pumps throughout the country in order to accelerate the adoption of clean energy and wean the country off of polluting fossil fuels. Rahul Saha of ET Online takes a walkaround of the cars and bike...
17 Jan, 2023, 09.21 PM ISTPLI scheme aimed at increasing production of advanced technologies for auto sector: Arun Goel, DHI Secretary The Indian automotive industry is a great success story, however its production is not up to the expectations. The objective of PLI scheme for the automotive sector is to encourage component players to invest in cleaner and advanced technologies and...
25 Sep, 2021, 05.11 PM IST'Why should 5% discount be given for unfit vehicles?': Maruti Suzuki's RC Bhargava on scrappage policy Maruti Suzuki's RC Bhargava speaks on the scrappage policy, says, 'If a vehicle is unfit and it has to be scrapped where is the need for giving the person any incentives to buy a new vehicle? He has an unfit vehicle which should not be allowed to us...
19 Mar, 2021, 01.34 PM ISTNitin Gadkari details vehicle scrappage policy; about 5% rebate on new car purchase Union Minister Nitin Gadkari on Thursday said the vehicle scrappage policy will be a 'win-win' situation and will help improve fuel efficiency and reduce pollution. Making a statement in the Lok Sabha, Gadkari said the policy will also lead to an in...
18 Mar, 2021, 07.18 PM ISTCoronavirus shutdown: Why auto industry needs to get its wheel spinning Export orders worth $4-5 billion at stake, estimated revenue loss of over Rs 1 lakh crore and shortfall in the GST collection of about Rs 28,000 crore. Add to that loss of Rs 14,000 crore in other state levies. The 45-day coronavirus-induced factory...
04 May, 2020, 06.22 PM ISTAuto industry should focus on value instead of volume; autonomous, connected & electric key tech: Nissan COO Ashwani Gupta Nissan Chief Operating Officer Ashwani Gupta and ETAuto.com Editor Nabeel A. Khan talk COVID-19's impact on the auto industry, learnings and the way forward in this virtual ETAuto TownHall. Watch now.Auto industry should focus on value instead of vo...
05 May, 2020, 09.06 PM ISTWhat auto component makers think of FM Sitharaman's stimulus package The $57 billion Indian automotive component industry - which was already suffering from a prolonged slowdown - had been struck hard by coronavirus-induced lockdown. Has FM Nirmala Sitharaman's stimulus package done enough to assuage their concerns? ...
18 May, 2020, 08.18 PM ISTLockdown impact: India’s largest carmaker Maruti Suzuki reports zero sales in April The country’s largest carmaker Maruti Suzuki reported zero sales last month with factories shut in compliance with government orders to prevent the check of the coronavirus pandemic.Lockdown impact: India’s largest carmaker Maruti Suzuki reports zer...
01 May, 2020, 10.53 AM ISTVehicle subscription and rural markets will drive sales, says Veejay Nakra, CEO M&M (Auto Div) Veejay Nakra, CEO M&M (Auto Div) remains bullish on demand for passenger vehicles for the next 3-4 months. He also feels vehicle subscription and rural markets will drive sales and remain the main silver lining in this time of crisis. Watch excerpts...
13 Jul, 2020, 12.58 PM IST