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Tata Motors to create PV subsidiary which includes its EV business

autherAutocar Professional Bureau     calendar27 Mar 2020

Tata Motors to spin off PV business including EV business into a separate subsidiary to ensure sustainabilty; Shailesh Chandra, President EV and Corporate Strategy, appointed President PVs; Pareek to superannuate from Tata Motors end-Februa...

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RBI rate cuts and loan repayment deferment brings relief to auto industry

By Shahkar Abidi calendar27 Mar 2020

Massive liquidity boosting measures including cuts in repo rate, reverse repo rate and CRR should give a leg up to the...

Lockdown improves air quality in New Delhi, auto hubs across India go greener

By Mayank Dhingra calendar26 Mar 2020

Lockdown improves air quality in New Delhi, auto and industrial hubs across India go greener.

Now only Supreme Court, OEMs hold answer to dealers' BS IV stock woes

By Sumantra B Barooah calendar26 Mar 2020

With an estimated Rs 6,350 crore worth of BS IV vehicles (two-wheelers, passenger vehicles, commercial vehicles) still...

Bajaj Group commits Rs 100 crore for fight against Covid-19

autherAutocar Professional Bureau calendar26 Mar 2020

Working with the Government and its network of over 200 NGO partners, the company plans to ensure these resources reac...

Weak economic activity and Covid-19 to weigh on asset quality of new M&HCV financiers: ICRA

By Shahkar Abidi calendar26 Mar 2020

The monthly disbursements of key originators, at an aggregate level fell by almost 60% to Rs. 1,260 crore in December ...

Coronavirus no reason to extend the BS IV product deadline: Rajiv Bajaj

By Ajit Dalvi calendar26 Mar 2020

Bajaj Auto chief says Covid-19 should not be a reason to extend the BS-IV deadline as it is unfair to OEMs who managed...

Toll collection on National Highways suspended

autherAutocar Professional Bureau calendar26 Mar 2020

Transport Minister Nitin Gadkari in a tweet suspends collection of toll at all toll plazas across India to facilitate ...

MG Motor India donates Rs 2 crore to tackle Covid-19 outbreak

autherAutocar Professional Bureau calendar25 Mar 2020

While Rs 1 crore contribution will come from the company directly, its employees have also pledged to donate another R...

Covid-19 Impact: India Auto Inc to lose over Rs 2,300 crore for each day of closure

By Sumantra B Barooah calendar24 Mar 2020

As per quick estimates by Society of Indian Automobile Manufacturers, it is expected that Plant closure of Auto OEMs &...