Latest News Updates from Indian Automobile Industry

Automobile industry happy with budget

Mumbai, July 10 The government has adopted a balanced approach towards the automobile industry, though without any major policy announcements, prominent players said here Thursday in reaction to the union budget.

Sensex closes 137 points down; automobile stocks down (Third Lead)

Mumbai, July 9 Just a day before the budget, a benchmark index of Indian equities markets Wednesday closed the trade 137.30 points or 0.54 percent down on heavy selling in automobile, capital goods, and information technology (IT) scrips.

Automobile industry welcomes extension in excise duty cut

New Delhi, June 25 Indian automobile industry Wednesday welcomed Finance Minister Arun Jaitley's move to extend excise duty cut on several product types of the sector for another six months till December.

Sensex falls 137 points; automobile stocks plunge (Roundup)

Mumbai, July 9 A benchmark index of Indian equities markets Wednesday closed the trade 137.30 points or 0.54 percent lower on heavy selling in automobile, capital goods, and information technology (IT) scrips.

Petrol price hiked by Rs.1.69 a litre, diesel by 50 paise

New Delhi, June 30 State-run oil marketing companies (OMCs) Monday hiked the petrol price by Rs.1.69 a litre, excluding taxes, effective from midnight, owing to a rise in global oil prices and exchange rates.

May automobile sales a mixed bag (Roundup)

New Delhi, June 2 Dented by high fuel and interest costs in a slower economy, automobile manufacturers reported mixed sales for last month.

 
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