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In the PV segment, wholesale volumes are expected to grow by 5-7 per cent in 2025-26 before moderating to the 4-6 per cent range in 2026-27 due to a higher base and elevated system-level inventory. Utility vehicles continue to outperform other categories, aided by changing consumer preferences and new model launches.&nbsp;

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He also said India's economic growth rate could be higher if the manufacturing sector grows fast, which 'unfortunately' has remained a laggard despite the best efforts of the Narendra Modi-led government at the Centre due to implementation gaps at the ground level.

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The Minister of Road Transport &amp; Highways and Micro, Small and Medium Enterprises was speaking at the annual convention of the Society of Indian Automobile Manufacturers (SIAM) held today.

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At present, the sector suffers from a sales downturn due to several factors like high GST rates, farm distress, stagnant wages and liquidity constraints. Besides, inventory pile-up and stock management of unsold BS-IV vehicles have become a problem for the sector.

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Maruti Suzuki said in an email sent to Reuters it employed 18,845 temporary workers on average in the six months ended June 30, down 6% or 1,181 from the same period last year.&nbsp;

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Violation of data, the policy warns, will result in action under the IT Act and other applicable laws besides debarring the agency from access to this data for a period of three years.&nbsp;

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Jindal Stainless has successfully developed and deployed stainless steel fuel tanks for commercial vehicles. The metal is fire resistance, light weight and cost effective, and due to these qualities it also helps in saving fuel cost.&nbsp;

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The report further found out through surveys conducted in Mumbai and Delhi that over 200 people that used Ola or Uber more than 8 times a month and indicated that nearly 16% of those using app-based cab services have frequently deferred car purchases by at least 6-12 months.

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Vinod Dasari, President of SIAM said, “Indian auto industry is committed to meet the challenge of achieving BS VI emission norms by 2020. The target is very stiff but the auto industry has accepted the challenge in view of the rising concerns on vehicular pollution, especially in the urban metros.”

Auto Industry commits to achieve BS VI emission norms by 2020