The current market conditions are tough for auto industry on account of liquidity crunch and consumer confidence in both urban and rural hinterlands.

The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country’s GDP.

The auto industry, which has already registered de-growth of 21.6 per cent in the first four months (4M) of fiscal year 2019-20 (FY2020), may get some support from the recently announced stimulus measures by the government, says ICRA.

BS VI variants of motorcycles and scooters to cost 10-15 per cent more depending upon the product features, says Motofumi Shitara, Chairman, Yamaha Motor India Group of companies.

Equipped with newly designed instrument cluster and distinctive front and rear combination LED headlights, the all new Suzuki GIXXER aims to target the popularity of the sports bikes in India.

The Society of Indian Automobile Manufacturers (SIAM), in an official communiqué observed that the auto industry had registered a decline in sales by 9.31 per cent over the period of April-May 2019.

Though industry is experiencing a staunch decline in sales compared to that of last year, the exports of Passenger Vehicles and Two Wheelers registered growth.

Greaves Cotton, one of India’s leading diversified engineering companies, on May 28, 2019 rolled out the high-speed electric scooter - Zeal - under FAME II policy of the government and taken steps towards strengthening the last mile e-mobility solution for millions of commuters who currently use conventional fuel scooters for everyday ride.

Greaves Cotton, one of India’s leading diversified engineering companies, on May 28, 2019 rolled out the high-speed electric scooter - Zeal - under FAME II policy of the government and taken steps towards strengthening the last mile e-mobility solution for millions of commuters who currently use conventional fuel scooters for everyday ride.