Mahindra and Mahindra and Ford call off JV
Mumbai/IBNS: Auto giants Mahindra and Mahindra and Ford have decided to call off their joint venture that started off nearly two years ago, citing global economic and business conditions caused in part by the global pandemic.
Kolkata/UNI: The year 2019 was one of the most difficult years for the automobile industry, but tyre major Bridgestone is optimistic about growth in the Indian market.
Auto industry downturn is worrisome: SIAM
New Delhi, Sept 2 (IBNS): Apex industry body Society of Indian Automobile Manufacturer's (SIAM) President Rajan Wadhera on Monday said the sales report coming out from various companies for the month of August 2019 has been very dismal with over 30 percent erosion of sales for Passenger Vehicles.