NEW DELHI, Sept 6 India's top auto industry
executives called for the government on Thursday to take urgent
steps to revive a sector crippled by plunging sales, leading to
hundreds of thousands of job losses and lower production.
NEW DELHI India's top auto industry executives called for the government on Thursday to take urgent steps to revive a sector crippled by plunging sales, leading to hundreds of thousands of job losses and lower production.
* India's auto industry sheds 350,000 jobs since start of
MANESAR, India The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi's southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore. | Video
NEW DELHI India's passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their 2019 sales forecasts and strengthening the automakers' case for tax cuts to boost demand.
(The August 22 story corrects paragraph 7 to clarify Bellsonica makes auto framework parts and adds co response.)
NEW DELHI Jet fuel supply to state-run carrier Air India has been stopped at six domestic airports because of unpaid dues to fuel provider, Indian Oil Corp (IOCL) , three sources said on Thursday.
NEW DELHI India's domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body said on Tuesday, as a financing crunch deepened a crisis in the country's autos sector and triggered large-scale job losses.
* Passenger vehicle sales plunge 31%, steepest pace since
COLOMBO Sri Lankans, angered by the government's inability to prevent the Easter Sunday terror attacks that killed more than 250 people, want a strongman back in power who can guarantee their safety and bring back economic growth.