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Economic Slow Down Latest News

  • After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the month-on-month sales de-growth. Besides, inventory pile-up at dearlership level and stock management of the unsold BS IV vehicles has become a problem for the sector.
    Auto Industry May Further Cut Production: Report

Reviews

  • The BMW i8 has already established a benchmark for performance in the plug-in hybrid space. The new model year brings a drivetrain update with more power and increased driving range. It also brings the topless variant - the i8 Roadster - to the party.
    BMW i8 Roadster Review: Green Performance With The Top Down
  • The government needs to bring down the 'unreasonable' high taxation on the auto sector for 'Make in India' campaign to be successful, according to German luxury carmaker Mercedes-Benz.
    Mercedes: Bring Down High Taxation for Make In India Campaign to Work