Maruti to broaden portfolio as hybrids outsell EVs: Shashank Srivastava

Maruti to broaden portfolio as hybrids outsell EVs: Shashank Srivastava

Shashank Srivastava, Senior Executive Officer (Marketing and Sales), Maruti Suzuki India Ltd, says: “We could expect the month to end around the 375,000 mark for the industry, that should be about 11% growth over last year. March being the last month of the financial year, we are expecting industry sales to be about 42,35,000 or … Read more

Investment opportunity: Megatrend in auto industry impacts 6 diverse sectors

Investment opportunity: Megatrend in auto industry impacts 6 diverse sectors

The Wheels of India embraced the challenges faced in the past few years and now it is at the cusp of rapid growth over the next decade. There is absolutely no brake on consumer mobility behaviour when it comes to the adoption of new technology innovations and trends in the automobile industry. Connectivity, Autonomous Driving, … Read more

View: It makes sense to export, not scrap old cars

photo

The government is reportedly very keen on a vehicle scrappage policy, making it mandatory for old vehicles to be scrapped or giving subsidies for voluntary scrappage. One aim is to increase the demand for new cars, boosting the auto industry — this was indeed the aim for scrappage incentives in the US and Europe after … Read more

Sharp rebound for auto sector: Hiring picks up in Motown as companies restart production

photo

Mumbai: The Indian auto industry’s recent fillip to sales propelled by the pent-up demand released after the lockdown was eased has seen a number of fresh job positions opening up in the segment. Hiring activity recovered in terms of demand for white collar and blue collar workers in July from the slump hit in March … Read more