India: Battered Indian auto industry awaits stimulus package: Auto, SIAM, Bajaj Auto, TVS Motor, Hero Honda, Bajaj Auto, Tractor makers

The domestic auto industry has recorded the worst ever sales in recent times. Most manufacturers have resorted to weekly closures or maintenance shut downs at production plants as inventories pile up. Foreign automakers are delaying their Indian launches. Companies are focusing on rural markets to sustain the downturn. Component manufacturers are facing equally uncertain times. SIAM is hopeful of a fiscal stimulus from the government.

- Chillibreeze Business Research Team

Trends
SIAM counting on timely auto specific package to remain competitive
Automobile sector records worst-ever sales: SIAM
Job loss, terror fears hamper auto industry growth
Auto cos may take a hit of Rs 1,000 cr

Cars
Car makers in top gear on country roads
Ford says India investments on track
Stimulus effect: Car companies cut prices across models

Two wheelers
Bajaj Auto ups stake in KTM to 25 pc; to go for more
TVS Motor cuts two-wheeler prices by up to Rs 2,000
Hero Honda, Ford cut India vehicle prices
Scooter sales pick up, but bikes, mopeds lose steam
Bajaj Auto slashes price up to Rs 4,400

Others
Tyre makers on rough terrain
Auto parts makers cut working days on reduced demand
Exide focus on replacement mart
BAE Systems files fresh application for JV with M&M
Tractor makers blame PSU banks for falling sales