Major auto companies log robust sales in March on pent up demand, shift towards personal mobility indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Updated Feb 02, 2021 | 20:04 IST
Auto companies such as Maruti Suzuki, Hyundai Motor, M&M, Tata Motors, Honda and MG Motor on Monday reported growth in January sales figures Recovery in auto sector stable as sales continue to rise in January amid supply issues | Photo Credit: PTI
Reflecting a seemingly sustainable market recovery amid oversupply of certain parts, auto majors Maruti Suzuki, Hyundai Motor, M&M, Tata Motors, Honda and MG Motor on Monday reported growth in their domestic passenger vehicle sales in January.
The country s largest carmaker Maruti Suzuki India (MSI) reported a 2.6 per cent rise in domestic sales to 1,48,307 units last month as against 1,44,499 units in January 2020.
This week in Auto: 2020 was a forgettable year, welcome 2021?
Here is a complete look at all other stories that made headlines in the auto space December 26, 2020 / 10:16 AM IST
The year 2020 will go down as year like no other. From zero sales in April to factories hitting peak capacities in October – all within a span of seven months – 2020 has been a tumultuous year for the auto industry. In today’s final wrap of the year we take a look at what 2020 brought with itself. But first here is a complete look at all other stories that made headlines in the auto space.
India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages In a major setback, Indian government has lost arbitration to energy giant Cairn under the retrospective tax amendment to the law in a verdict that came late night on Tuesday. India has been asked to pay damages worth Rs 8,000 crore to the UK oil major. The verdict comes three months after India lost arbitration to Vodafone over the retrospective legislation.
Honda announces closure of decades-old Greater Noida manufacturing plant
Honda Cars India Ltd (HCIL) on Wednesday formally announced closure of manufacturing operations at its Greater Noida facility in Uttar Pradesh. The automaker said the decision to cease production at the plant, which came up in 1997, has been taken as part of realignment of manufacturing operations with the goal of improving business efficiency. With the closure of Greater Noida facility, HCIL has also discontinued CR-V and Civic models in the country.Both the models were being m
URL copied
Honda s portfolio now comprises four models - Amaze, City, WR-V and Jazz in India.
Honda Cars India Ltd (HCIL) on Wednesday formally announced closure of manufacturing operations at its Greater Noida facility in Uttar Pradesh.
The automaker said the decision to cease production at the plant, which came up in 1997, has been taken as part of realignment of manufacturing operations with the goal of improving business efficiency.
With the closure of Greater Noida facility, HCIL has also discontinued CR-V and Civic models in the country. Both the models were being manufactured at the plant. To maintain sustainability of operations by leveraging production and supply chain efficiencies, the company has decided to consolidate the manufacturing operations for vehicles and components at its Tapukara plant in Rajasthan with immediate effect for all domestic sales and exports , HCIL said in a statement.