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Govt wants auto companies to cut royalties to foreign parents

Manufacturing

Govt wants auto companies to cut royalties to foreign parents

India's commerce minister has asked automakers to find ways to reduce royalty payments to ...

India auto sales tank in June, will take 3-4 years to recover: SIAM

Manufacturing

India auto sales tank in June, will take 3-4 years to recover: SIAM

Domestic car and SUV sales in India fell 50% in June, an industry body said on Tuesday, as ...

India car sales crash in March on coronavirus lockdown

Manufacturing

India car sales crash in March on coronavirus lockdown

Sales at India’s biggest carmaker Maruti Suzuki India fell 16% in the last fiscal year as the auto...

Hyundai picks up stake in car rental startup Revv

TMT

Hyundai picks up stake in car rental startup Revv

Hyundai Motor Company has invested in self-drive car rental startup Revv, as South Korea’s largest...