An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable. Illustration: Courtesy Jorge Royan/Wikimedia Commons Large corporates......
Despite the surge in automobile sales in recent months and new vehicle development programmes of car makers, auto component makers are wary of committing further investments in building new......
Auto industry executives expect this year's Union Budget to provide immediate relief to the ailing commercial vehicle industry. Sales of medium and heavy commercial vehicles had dipped 33 per cent......
India's auto component makers are facing one of the biggest crises ever. With the domestic market in the doldrums and the exports to the American market badly hit, many companies are on the verge......
Auto component makers and automobile majors, faced with sagging sales over the last two quarters, have expressed strong reservations against the steel industry's demand for re-imposition of 5 per......