The auto industry produced a total of 2,363,376 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April 2019 as against 2,646,257 in April 2018, registering a decline of (-) 10.69 per cent over the same month last year.

The two-wheeler industry volume growth might register a 3-5 per cent expansion in FY2020 with the subdued consumer sentiments continuing to weigh on demand in H1FY2020.

The sale of PVs declined by (-) 17.07 per cent in April 2019 over the same month last year, whereas the overall CVs segment registered a decline of (-) 5.98 per cent in April 2019

MRF has introduced the ‘Nylogrip Ezeeride’ tyre, the latest offering from MRF for two wheelers. ‘Nylogrip Ezeeride’ is one of the most innovative additions to its range of tyres.

For passenger car players, there is a huge opportunity in terms of sales. Also, many international players have plans to set up their manufacturing units in India to cater to domestic and international markets.

Electric two-wheeler manufacturing company Okinawa Scooters announced its association with a showroom in Pune to sell Okinawa’s range of electric scooters.

Consumers are stressing on safety more than ever, and this has caused manufacturers to design cars that utilise high end technologies to increase safety.

Lightweighting of cars is something that OEMs have put on top of their checklist. Automakers have manufactured vehicles which are more efficient, without sacrificing power and performance, with the help of a dimension of technological innovations.

Schaeffler India Limited announced the results for Q4 ended December 31, 2018 and January-December 2018. Total revenue from operations (net) for the period January-December 2018 increased to Rs 45.61 billion, higher by 16 per cent than the corresponding period of 2017.