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Reason of Slowdown in Auto Industries

Reason of Slowdown in Auto Industries
posted in Slowdown In Auto Industry

Find out the main reasons of slowdown in auto industries.

  • Why is the auto industry facing trouble?

    The automobile sector is in the news as it is experiencing prolonged negative growth. What are the reasons? Why are jobs being lost? And how can the government help?

  • 1. Falling demand 2. Emissions woes 3. The electric challenge 4. A shift away from ownership? 5. Brexit

    Five reasons the car industry is struggling

    Carmakers are facing a range of challenges, from slowing demand in China to stricter rules on emissions.

  • The current crisis in the automobile industry in the country is largely due to “overproduction and stocking” by companies and to a small extent to the economic slowdown, and there’s no need for a GST cut, Bajaj Auto managing director Rajiv Bajaj has said.

    Auto crisis more due to overproduction than slowdown in economy: Rajiv Bajaj

    Automobile sales have declined by over 30 per cent in certain categories during July and August.

  • “A lot of these companies are not able to export because, by world-class standards, their products are mediocre,” he said attributing the mediocrity to companies trying to make everything and not focusing on one segment. “When you will make scooters, and bikes and cars and jeeps and SUVs and trucks and buses and everything under the sun, you are obviously not going to be world-class at anything," he told the channel.

    Most of the slowdown is automobile industry's own making: Rajiv Bajaj

    Bajaj, however, acknowledged that it is a difficult time for the sector and said that the government should not make it worse by raising registration fees

  • Slowdown in the auto sector has been a global phenomenon, the report showed. But with cross-border trade issues impacting many countries, India seems to have been hit harder than most others. Read more at: https://www.bloombergquint.com/business/in-charts-indias-auto-slowdown-and-the-forces-behind-it Copyright © BloombergQuint

    In Charts: India’s Auto Slowdown And The Forces Behind It

    Here’s what’s been going on in the auto industry and why.

  • BS-VI to dent auto industry in FY21

    Economic Times [4 years ago]
    Industry estimates show a price rise of 1-3 per cent for BS-VI petrol vehicles and 5-10 per cent for the diesel ones.

    Slowdown Saga: BS-VI to dent auto industry in FY21 - ET Auto

    Automobile industry is expected to face sales downturn during the first quarter of next fiscal year as high prices on the back of BS VI introduction d..

  • sing an econometric decomposition exercise, the report has identified a decline in rural demand coupled with the liquidity crisis stemming from NBFC defaults as the key culprits behind the slowdown.

    These five factors have created painful downturn for India’s automobile industry

    The automobile industry in India has been experiencing major stagnation for the past four quarters. A new report by Dr Soumya Kanti Ghosh, group chief economic adviser at State Bank of India, outlines five major reasons behind the slowdown in the auto sec