Auto Sector Crisis
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Major Events That Affected Auto Sector In 2021
Here are the few significant events that the Indian automotive sector witnessed this year.
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India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
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Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
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Bundesbank Expects Chip Bottlenecks In German Industry To Worsen In Q2: Report
The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe's largest economy this year, the Bundesbank's chief economist told Reuters on Friday.
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Chip Shortage Casts Shadow On China's Auto Industry Recovery
Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world's biggest car market could spearhead global recovery in the sector.
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Millennials Prefer Ola, Uber To New Cars: Finance Minister On Auto Crisis
Nirmala Sitharaman said millennials' preference for Uber and Ola cabs over committing money to EMIs for new cars had contributed to the slowdown of the auto sector, which has also seen a 70 per cent drop in sales for truck maker Ashok Leyland
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Economy Falling Into "Deep Abyss Of Recession", Claims Priyanka Gandhi
Hitting out at the Modi government, Congress leader Priyanka Gandhi Vadra said today that the economy is falling into a "deep abyss" of recession and asked when will the current dispensation "open its eyes".
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Auto Industry Warns of More Job Losses If Slowdown Continues
Seeking urgent stimulus from the government in the form of GST reduction, the auto industry on Thursday cautioned that if the current slowdown in the sector continued, there would be further job losses that could have societal and social consequences.
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Revival Of The Auto Industry Likely To Start In The Third Or Fourth Quarter: RC Bhargava
The crisis in the automotive industry has been the talk of town lately and we are just not talking about the sales slowdown anymore, we are talking about the larger economic impact and of course jobs in this sector as well. We got a chance to talk to Industry statesman and the Chairman at Maruti Suzuki, R C Bhargava.
-
Major Events That Affected Auto Sector In 2021
Here are the few significant events that the Indian automotive sector witnessed this year.
-
India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
-
Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
-
Bundesbank Expects Chip Bottlenecks In German Industry To Worsen In Q2: Report
The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe's largest economy this year, the Bundesbank's chief economist told Reuters on Friday.
-
Chip Shortage Casts Shadow On China's Auto Industry Recovery
Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world's biggest car market could spearhead global recovery in the sector.
-
Millennials Prefer Ola, Uber To New Cars: Finance Minister On Auto Crisis
Nirmala Sitharaman said millennials' preference for Uber and Ola cabs over committing money to EMIs for new cars had contributed to the slowdown of the auto sector, which has also seen a 70 per cent drop in sales for truck maker Ashok Leyland
-
Economy Falling Into "Deep Abyss Of Recession", Claims Priyanka Gandhi
Hitting out at the Modi government, Congress leader Priyanka Gandhi Vadra said today that the economy is falling into a "deep abyss" of recession and asked when will the current dispensation "open its eyes".
-
Auto Industry Warns of More Job Losses If Slowdown Continues
Seeking urgent stimulus from the government in the form of GST reduction, the auto industry on Thursday cautioned that if the current slowdown in the sector continued, there would be further job losses that could have societal and social consequences.
-
Revival Of The Auto Industry Likely To Start In The Third Or Fourth Quarter: RC Bhargava
The crisis in the automotive industry has been the talk of town lately and we are just not talking about the sales slowdown anymore, we are talking about the larger economic impact and of course jobs in this sector as well. We got a chance to talk to Industry statesman and the Chairman at Maruti Suzuki, R C Bhargava.
