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Industry Slowdown Latest Videos

Industry Slowdown Latest News

  • Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has bedeviled Detroit automakers over the years.
    EV Disruptors Hit Industry Speed Bumps That Have Plagued Legacy Automakers For Years
  • The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people jobless due to spiraling lay offs in the automobile industry. In Chennai's Amabattur industrial estate the slowdown has crippled John Peter makes valve components. Over the last five months, his 8 lakh monthly turnover has dropped by ninety percent, to just one lakh. With a forty lakh private bank loan he has defaulted in repaying his monthly installment of around a lakh rupees. He has laid off 3 of his 13 workers. He has reduced the three hour shift to one.
    Auto Industry Slowdown Hits Lakhs Of Jobs

Reviews

  • India's auto industry body defended domestic manufacturers' safety record on Tuesday, after an international safety watchdog said cars made by Maruti Suzuki and Nissan Motor had failed an independent crash test.
    Apex Auto Industry Body Defends Maruti & Datsun Against NCAP Results
  • The Indian Auto Industry has welcomed the Railway Budget presented by the Railway Minister Mr. D.V. Sadananda Gowda. Mr. Vikram Kirloskar, President, SIAM (Society of Indian Automobile Manufacturers) termed it as a forward looking and progressive Railway budget.
    Auto Industry Welcomes Railway Budget 2014
  • Automotive component makers body ACMA today asked the Central government to abolish custom duty on alloy and mild steel, aluminium and secondary aluminium alloy and to continue with the 10 per cent duty on components to revive the industry.
    End Custom Duty on Raw Material to Revive Auto Industry: ACMA
  • The Indian automobile industry pinned hopes on the new government, to be led by Narendra Modi, to push reforms such as GST and policies that boost infrastructure development on the back of a clear mandate in the polls.
    Auto Industry Hopes Narendra Modi-led Govt to Bring in Reforms
  • I got a job offer from Maruti Suzuki India via a very surreptitious email id. I read through it and realised that this was part of a money making scam and the car manufacturer had nothing to do with it.
    Beware of Job scams in the Automotive Industry