carupdatenews - Tumblr blog

[carupdatenews]

Pune auto driver who helped many during lockdown to be featured on Bharat Ke Mahaveer

Akshay Sanjay Kothawale, an auto-rickshaw driver from Pune who fed 400 migrant workers daily and provided them shelter during the pandemic, will be featured in an episode of Bharat Ke Mahaveer on Discovery India. He is among the 12 selfless heroes from across India — who have gone out of their way to help those in need during the Covid-19 pandemic — to be featured in the three-part series, hosted by actors Sonu Sood and Dia Mirza. https://indianexpress.com/article/cities/pune/pune-auto-driver-who-helped-many-during-lockdown-to-be-featured-on-bharat-ke-mahaveer-7059517/

[carupdatenews]

PLI scheme signals "dramatic shift" in attitude towards industry, says Anand Mahindra

Mahindra Group Chairman Anand Mahindra has said that the government's announcement of a production-linked incentive scheme for 10 more sectors, including auto, signals a "dramatic shift" in the attitude towards industry. On November 11, the Cabinet approved production-linked incentive (PLI) scheme for 10 more sectors, including automobiles and auto parts, pharmaceuticals, textiles and food products, with an outlay of about Rs 1,45,980 crore over a period of five years. https://economictimes.indiatimes.com/news/company/corporate-trends/pli-scheme-signals-dramatic-shift-in-attitude-towards-industry-anand-mahindra/articleshow/79258967.cms

[carupdatenews]

Top Diwali offers on cars: Five vehicles with great deals this season

Festive season accounts for the best sales for carmakers in India and like every year, companies have rolled out the list of the fresh discounts and offers to gain the customer sentiments. For this season, companies have even announced offers on some of their most-selling models to make up for the volume loss caused by the pandemic. Here are some of the best Diwali offers on cars. https://auto.hindustantimes.com/auto/news/top-diwali-offers-on-cars-five-cars-with-great-deals-this-season-41605266313152.html

[carupdatenews]

Maruti Suzuki Swift Sales Peak 24,500 Units in October 2020

In October 2020, Maruti Suzuki was able to find over 24,500 customers (24,589, to be precise) for the Swift. Given how the industry is recovering from a lull, the numbers posted by India’s largest automaker doesn’t come as a surprise at all.https://www.cars24.com/blog/maruti-suzuki-swift-sales-peak-24500-units-in-october-2020-remains-indias-top-selling-car/

[carupdatenews]

Get the steps to Apply for Online Driving Licence in Karnataka - Here we are providing the simple steps from which you can easily apply for driving licence in Karnataka and also get the driving licence within 2 to 3 weeks

[carupdatenews]

October sales: Auto cos hit fast lane, but how long will the trip last?

Maruti, Toyota and Hyundai witness a jump in sales the month. While automobile wholesale dispatches rose in October for most industry players, with many breaking their own records, how long it will after the festival season ends remains topmost on the minds of industry experts.https://www.thehindubusinessline.com/companies/maruti-suzuki-india-hyundai-and-tata-motors-witness-brisk-sales-during-navratri-period/article32995639.ece

[carupdatenews]

Auto industry meeting with Union Minister Nitin Gadkari to discuss scrappage policy, other issues

Road Transport Minister Nitin Gadkari and the Auto Industry meets on Monday (November 2) to discuss several issues facing the sector. Auto Industry body SIAM led by its President Kenichi Ayukawa will call upon Transport Minister Nitin Gadkari and talk about the performance of the sector, said sources.

The automobile sector which saw low sales due to the covid pandemic has now started to see green shoots as far as sales are concerned.https://zeenews.india.com/automobile/auto-industry-meeting-with-union-minister-nitin-gadkari-to-discuss-scrappage-policy-other-issues-2321899.html

[carupdatenews]

Here we are providing the simple steps through this infographic from which you can easily apply for driving licence in Rajasthan and also get the driving licence within 2 to 3 weeks

[carupdatenews]

Get the steps to Apply for Online Driving Licence in Gujarat - Here we are providing the simple steps from which you can easily apply for driving licence in Gujarat and also get the driving licence within 2 to 3 weeks

[carupdatenews]

Tata Motors takes a dig at upcoming Hyundai i20 2020, rival to its Altroz

Tata Motors recently shared a cryptic post taking a dig at the upcoming all-new Hyundai i20 premium hatchback. It's easy to see just why since Tata sells its Altroz in the same segment which is a direct rival to the i20. The homegrown automaker posted a tweet saying, "You can i the trick 20 times, but it's the treat that you fall for. https://auto.hindustantimes.com/auto/news/tata-motors-takes-a-dig-at-hyundai-i20-2020-says-this-is-a-trick-41604150832844.html

[carupdatenews]

Stock market update: Nifty Auto index down 2%; Hero MotoCorp dips 4%

NEW DELHI: Nifty Auto index was trading with losses at 12:10PM (IST) on Monday.Shares of Hero MotoCorp NSE -1.77 % (down 4.05 per cent), Bajaj Auto NSE -0.64 % (down 3.53 per cent), Ashok Leyland NSE 0.06 % (down 2.93 per cent), Bharat Forge (down 2.67 per cent) and TVS Motor Company NSE -1.15 % (down 2.59 per cent) were the top losers in the index.While Amara Raja Batteries (up 0.5 per cent) and MRF NSE 0.68 % (up 0.06 per cent) were among the top gainers.The Nifty Auto index was trading 1.83 per cent down at 7946.65 around 12:10PM.Benchmark NSE Nifty50 index was down 109.90 points at 11820.45, while the BSE Sensex was down 364.63 points at 40320.87.Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red. https://economictimes.indiatimes.com/markets/stocks/news/stock-market-update-nifty-auto-index-down-2-hero-motocorp-dips-4nbsp/articleshow/78868162.cms

[carupdatenews]

GST rate cut to 18% will boost auto industry

The pandemic has pushed back the auto industry by a decade and it will take 4-6 years for the sector to revive though we aim to recover before that, says auto parts maker Bosch India’s president & MD Soumitra Bhattacharya. He says the last fiscal was tough and this one will be tougher, though recovery signs are being seen in tractors and agri-segment vehicles, which will lead the revival... https://timesofindia.indiatimes.com/business/india-business/gst-rate-cut-to-18-will-boost-auto-industry/articleshow/78863473.cmshttps://timesofindia.indiatimes.com/business/india-business/gst-rate-cut-to-18-will-boost-auto-industry/articleshow/78863473.cms

[carupdatenews]

Get the steps to Apply for Online Driving Licence in Maharashtra - Here we are providing the simple steps from which you can easily apply for driving licence in Maharashtra and also get the driving licence within 2 to 3 week

[carupdatenews]

IS THE GOVERNMENT OF INDIA UNFAIR TO THE AUTO INDUSTRY?

Recently American bike maker Harley-Davidson said it will shut its manufacturing plant in Haryana and lay off about 70 employees. Several reports suggest that Harley-Davidson could enter into an alliance with Hero MotoCorp for it to become their sole importer and distributor. It's also possible that Hero will import Harley motorcycles as CKD kits and assemble them at its own plant. What's certain though is that Harley, who set up its Indian plant in 2012 with a lot of fanfare and encouragement from the US government, is closing down its manufacturing facility in what is the world's largest two-wheeler market. https://www.overdrive.in/news-cars-auto/opinions/is-the-government-of-india-unfair-to-the-auto-industry/

[carupdatenews]

Goyal holds talks with auto industry players, aims for 20% modal share by 2021-22

In a statement, a Railway Ministry spokesperson said that the representatives of Society of Indian Automobile Manufacturers (SIAM), Tata Motors, Hyundai Motors, Ford Motors, Mahindra & Mahindra, Honda India, and Maruti Suzuki Ltd, the Automobile Freight Train Operators (AFTOs), Automotive Tyre Manufacturers' Association (ATMA), were all part of the meeting. https://auto.economictimes.indiatimes.com/news/industry/goyal-holds-talks-with-auto-industry-players-aims-for-20-modal-share-by-2021-22/78593533

[carupdatenews]

Here we are providing the simple steps from which you can easily apply for driving licence in Delhi and also get the driving licence within 2 to 3 weeks .

[carupdatenews]

Uptick in passenger vehicle sales to raise aftermarket demand: Auto part makers' body

The uptick in the passenger vehicles segment, coupled with car parc of second-hand vehicles, on account of increased use of personal cars is expected to lead to a rise in aftermarket demand, according to automobile component makers' body ACMA.

The automotive industry is shifting gears as it witnesses an uptick in vehicle consumption in the second quarter of the current financial year, the Automotive Component Manufacturers Association of India (ACMA) said in a release. https://www.newindianexpress.com/business/2020/oct/20/uptick-in-passenger-vehicle-sales-to-raise-aftermarket-demand-auto-part-makers-body-2212819.html