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Indian auto firms report healthy sales as domestic demand rises

06 Sep 2020

A slight rebound in domestic demand led major Indian automobile players to report healthy sales numbers for August. Other factors such as healthy monsoon, pent up demand and preference for...

India urges auto firms to cut royalties; banks stake for sale

18 Aug 2020

India’s commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of technology or brand names, in an effort to boost local...

China’s auto sector revives on strong demand for trucks, vans

10 Jul 2020

Auto sales in China rose 11.6% in June from a year earlier to 2.3 million units, driven largely by strong demand for trucks and vans as Beijing ramps up infrastructure...

India’s auto and pharma sectors are not ready to wean off China

28 Jun 2020

Days after a border clash with China this month in which 20 Indian soldiers were killed, New Delhi told firms to find ways to cut imports from China. But two...

China’s auto sales rise for second straight month in May

14 Jun 2020

China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed, the second consecutive month of increase as the world’s biggest vehicle market recovers...

Japan’s factory, retail sectors slump as virus hits auto sector

29 May 2020

Japan’s factory output slid faster-than-expected and retail sales tumbled the most in more than two decades in April, as the coronavirus pandemic wrecked both foreign and domestic demand for...

Sensex up on banking, auto stocks

22 May 2020

The key Indian equity indices rose on Thursday with the BSE Sensex gaining over 280 points. Buying activity in banking, finance and auto stocks supported the indices. At 10.46...

Japan’s April auto sales slump to 9-year low as virus saps demand

03 May 2020

Japan’s monthly auto sales dropped to a nine-year low in April, industry data showed, after a state of emergency called by the government to contain the national outbreak of...

China auto sales fell in March, industry expects pick-up in H2

12 Apr 2020

China’s auto sales fell at a slower rate in March and industry experts expect a pick-up in the second half. Automobile sales in China plunged an annual 43.3% in March,...

Company introduces Stay At Home service to fight COVID-19

10 Apr 2020

Business Bureau, Gulf Today Al Ghandi Auto, the sole retailer for Cadillac in United Arab Emirates and GMC and Chevrolet dealer for Dubai and the Northern Emirates, has launched its...

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