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Sales Jnaneswar Sen

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  • Business

Automakers not happy with rate cut

The cut in interest rates announced by SBI and HDFC Bank is too little to have any significant impact on boosting sales, said carmakers led by Maruti Suzuki India. The lenders should pass on the......

Honda to double output in Rajasthan; ramp up City production

Honda Cars India plans to double output at its Tapukara facility in Rajasthan to around 10,000 units from next month to reduce waiting period of its flagship City sedan. The fourth generation......

Auto industry gives thumbs-up to deregulation of diesel

Auto industry on Sunday welcomed the government's move to deregulate diesel prices, saying the clarity on fuel prices would help the manufacturers plan for future products and investments in a......

Why Honda has halted production of City in India

Honda Cars India is temporarily suspending production of its flagship sedan City this month as it shifts manufacturing of the car to its Tapukara facility. The company said it will resume......

'In India, cars are taxed more than cigarettes'

Honda Cars India Ltd on Thursday said there is a ‘high’ incidence of taxes on automobile sector, saying ‘cars are more taxed than cigarettes’ in the country. "Today if you......

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