Auto Industry

(Search results - 3)

BusinessSep 5, 2019, 1:45 PM IST
Economy slowdown: Car-bike companies park production, shed jobs to align with demand

As the Indian automobile industry tries to align itself with weak demand due to the economic slowdown, manufacturers such as Maruti, Hyundai, Mahindra & Mahindra have taken measures such as shedding jobs and initiation of non-productive days. Industry leaders hope that the government will take effective bailout steps
EconomyAug 16, 2019, 3:23 PM IST
Hero MotoCorp manufacturing plants to remain shut for 4 days

This decision of Hero MotoCorp has nothing to do with the slop economy in terms of auto industry but is a part of annual routine and also to adjust production in line with current market demand
EconomyAug 14, 2019, 9:38 AM IST
Auto stocks tumble up to 9%; sales in India see sharpest decline in 19 years in July

Rendering almost 15,000 workers jobless over the past two-three months, it was not good news for the auto industry as stocks tumbled up to 9%. Auto sales in India saw the sharpest fall in 19 years in July

Economy slowdown: Car-bike companies park production, shed jobs to align with demand