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  • The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people jobless due to spiraling lay offs in the automobile industry. In Chennai's Amabattur industrial estate the slowdown has crippled John Peter makes valve components. Over the last five months, his 8 lakh monthly turnover has dropped by ninety percent, to just one lakh. With a forty lakh private bank loan he has defaulted in repaying his monthly installment of around a lakh rupees. He has laid off 3 of his 13 workers. He has reduced the three hour shift to one.
    Auto Industry Slowdown Hits Lakhs Of Jobs

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  • Tesla's Shanghai plant in December cut output by about a third from November, and extended a Lunar New Year holiday period for workers in January, to cope with rising inventory.
    Tesla Sales Of China-Made Electric Vehicles Up 18% In January
  • The BMW i8 has already established a benchmark for performance in the plug-in hybrid space. The new model year brings a drivetrain update with more power and increased driving range. It also brings the topless variant - the i8 Roadster - to the party.
    BMW i8 Roadster Review: Green Performance With The Top Down
  • Honda Motorcycle and Scooter India (HMSI) accounted for almost half of the incremental two wheeler sales in May. Overall, Honda posted a 19 per cent rise in sales in the same month, selling 4,36,358 two wheeler units in May, up from 3,67,167 units in May 2015.
    Honda Accounts for Nearly Half of Incremental Two Wheeler Sales
  • The new Hyundai i20 has turned out to be a great success for the Korean carmaker in India. And the reason we say this is because of the fact that the company has sold over 1 lakh units of the premium hatchback within 11 months.
    Hyundai i20 Reaches 1 Lakh Sales Milestone Within 11 Months
  • Eric Vas, President - Motorcycle Business, Bajaj Auto, said that over 50 per cent of the bike's customers have opted for the ABS variant.
    ABS Version Accounts For Over 50 Per Cent Bajaj Pulsar RS200 Sales